Apple is petitioning the U.S. Supreme Court to overturn an appellate court decision that found they conspired with five publishers to increase e-book prices. Apple is trying to get the June ruling tossed out that would see them pay consumers $450 million under a 2014 settlement. Today, Apple has received some unexpected allies in the form of the Authors Guild, Authors United, … [Read more...] about Apple gets some unlikely allies in e-book price fixing case
Search Results for: apple price fixing
More Speculation on the Final Bill for Apple’s Price Fixing Problems
News was announced yesterday from the lawyers for the plaintiffs in one of Apple's side lawsuits over ebook pricing that the grand total the company could have to pay out to consumers is $400 million. This amount was disclosed after the terms of the settlement were released following Judge Denise Cote's approval of the settlement.This settlement isn't to be confused with … [Read more...] about More Speculation on the Final Bill for Apple’s Price Fixing Problems
New Plaintiffs Come on Board Against Apple for eBook Price Fixing
Apple is still waiting for the final decision from Judge Denise Cote in the ebook price fixing scandal, entered into with five of the then-Big Six publishers in order to drive out some of Amazon's market share. While the publishers settled out of court, Apple wasn't so lucky. The final damages in the suit--which certain provisions under the law could cause to come in at almost … [Read more...] about New Plaintiffs Come on Board Against Apple for eBook Price Fixing
New $840M Claim Against Apple for eBook Price Fixing
A US judge is still in the process of handling the DOJ lawsuit against Apple--along with five of the then-Big Six publishers--for conspiring to raise the price of ebooks in order to impact the market share that Amazon held over the industry. The outcome, which included settlements from most of the publishers seeking to avoid lengthy and costly court battles as well as a guilty … [Read more...] about New $840M Claim Against Apple for eBook Price Fixing
Price Fixing Monitor Blasted by Apple for Legal Fee Extortion
The Justice Department came down hard on Apple for the agency pricing model where it established they colluded with major publishers to create a fixed price for digital books. When everything was all said and done the court appointed a monitor to insure Apple was complying with the antitrust settlement. Today, Apple is blasting the monitor that is charging them $1,100 per hour … [Read more...] about Price Fixing Monitor Blasted by Apple for Legal Fee Extortion
Apple’s Motion to Dismiss eBook Price Fixing Lawsuit Denied
In the ongoing legal battle with Apple, one that has even been taken up by the U.S. Department of Justice, the first major motion of the proceedings was handed down today and ultimately denied. Apple filed a motion to dismiss that class-action suit brought by Seattle-based law firm Hagens Berman, but that motion was denied by Judge Denise Cote.Apple’s motion was essentially … [Read more...] about Apple’s Motion to Dismiss eBook Price Fixing Lawsuit Denied
Apple’s Price Fixing Suit May Have Hurt Indie Authors
Apple and five of the Big Six publishers are still undergoing a Department of Justice investigation into an alleged price fixing agreement in order to muscle out Amazon’s 90% control of the ebook market in 2010, just in time for the iPad to make its way to the market. But as the information on the supposed collusion begins to surface, a number of other affected parties have … [Read more...] about Apple’s Price Fixing Suit May Have Hurt Indie Authors
Apple Refutes Price Fixing Allegations
GoodeReader reported last week on the current state of anti-trust investigations against Apple and five of the Big Six publishers. These allegations, initially brought about by a private law firm on behalf of consumers and now taken up by the U.S. Justice Department, claim that Apple and the publishers illegally engaged in price fixing in order to bring down Amazon.And as … [Read more...] about Apple Refutes Price Fixing Allegations
Judge recommends dropping lawsuit against Amazon and Publishers for price fixing ebooks
A class action lawsuit was brought to a southern district of New York last year claiming Amazon and many of the worlds largest publishers — Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster — agreed to price fix the price of ebooks. This would keep the prices artificially, so customers would have to pay more. Last week, the US magistrate Judge … [Read more...] about Judge recommends dropping lawsuit against Amazon and Publishers for price fixing ebooks
Lawsuit filed against Amazon for ebook price fixing
Amazon is under fire for the dominant position in controlling the ebook market. A class action lawsuit has being filed against them, by the same law firm that successfully sued Apple in 2011, by colluding with publishers to establish a uniform pricing model for ebooks, for their iBooks launch.The lawsuit, filed in U.S. District Court for the Southern District of New York, … [Read more...] about Lawsuit filed against Amazon for ebook price fixing
U.S. antitrust monitor says Apple its own worst enemy
Apple was brought to court for fixing e-book prices in 2013 and a court-appointed monitor was dispatched to basically insure the company was not doing anything shady in regards to e-books. Michael Bromwich, a former U.S. Justice Department inspector general whose relationship with Apple has been strained from the outset told a Federal judge yesterday that "In this respect, … [Read more...] about U.S. antitrust monitor says Apple its own worst enemy
Simon & Schuster has no problem with high e-Book prices
e-Books have been dramatically increasing in cost to the consumer ever since publishes have gained the ability to dictate their own price. Some people have called this phenomenon predatory pricing, devised to put the bulk of digital bookstores out of business. In a recent keynote with the Book Industry Study Group, Simon & Schuster CEO Carolyn Reidy proclaimed she doesn't have … [Read more...] about Simon & Schuster has no problem with high e-Book prices