Late last week, Judge Denise Cote, the judge who has presided over the Department of Justice lawsuit against Apple and five of the then-Big Six publishers, approved the terms of the settlements with the publishers, meaning the doors have finally been opened for the money to begin making its way back to the consumers who overpaid for ebooks. But one person has been working to … [Read more...] about Efforts to Intervene in Disbursement of Refunds in DOJ, Publisher Suit
Search Results for: apple 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
Data Reveals How Much Consumers Overspent Thanks to eBook Price Fixing
In all of the coverage of did-they-or-didn't-they aspect to the Apple ebook price fixing lawsuit, very little news came out about how the alleged secret meetings and publisher plots to take down Amazon actually affected the consumers. This week Publisher's Weekly's Andrew Albanese posted an article that details the actual breakdown by state of how many consumers were … [Read more...] about Data Reveals How Much Consumers Overspent Thanks to eBook Price Fixing
Attorney Watchdog Named in Apple Anti-Trust Case
Part of the terms of the Department of Justice anti-trust lawsuit against Apple and several major publishers included the establishment of an external watchdog to monitor Apple's actions, especially where business deals with publishers are concerned. Today, the attorney who will serve in that capacity was named, one of two choices proposed for the role by the DoJ. Michael … [Read more...] about Attorney Watchdog Named in Apple Anti-Trust Case
Cote Details Limits of Apple’s Relationships with Publishers
In a seventeen page document from US Judge Denise Cote filed on September 5th, Apple learned the full extent of how it is expected to conduct business with publishers from now on. This expectation arose as a result of the price fixing allegations that rested on Apple and five of the then-Big Six publishers; Random House was not named in any of the investigations or resulting … [Read more...] about Cote Details Limits of Apple’s Relationships with Publishers
Kindle Announces Potential Refunds to Customers
In a mass email to its customers yesterday, Amazon announced some good news for customers who've been awaiting news of the results of the Apple/Big Five settlement. Despite the fact that the email didn't contain any concrete information on when customers will receive account credits or when those credits will appear, it was a small reassurance to customers that the wheels are … [Read more...] about Kindle Announces Potential Refunds to Customers
The eBook Lawsuits Are Over…Where’s My Money?
As is the case in lawsuits involving major corporations having to pay monetary damages to their customers, the payouts from the Apple and Big Five ebook price fixing scandal will be slow in coming. With Apple's damages not to even be determined until late spring of next year, the only payments that have taken place are in the form of the settlements that the publishers reached … [Read more...] about The eBook Lawsuits Are Over…Where’s My Money?
Apple’s Court Date for Damages Is May 2104
Consumers who are expecting some payouts as a result of the Department of Justice lawsuit against Apple and five of the Big Six publishers will be waiting a little longer for their refunds. While the court ruled that Apple was guilty of collaborating to raise ebook prices, and even though the publishers have already settled out of court for their involvement in the allegations, … [Read more...] about Apple’s Court Date for Damages Is May 2104
Publishers Once Again Accused of Colluding to Oppose DOJ Apple Settlement
The Justice Department of the US has been on a crusade against Apple and the major publishers on eBook prices. Basically, the parties were accused of banding together to implement a common eBook payment standard. Every one of the publishers settled, for varying amounts of financial costs. The DOJ presented a number of settlement terms to Apple recently and the publishers are … [Read more...] about Publishers Once Again Accused of Colluding to Oppose DOJ Apple Settlement
Publishers Displeased with DOJ Terms against Apple
The first stage in the Department of Justice anti-trust lawsuit against Apple and five of the Big Six publishers was to secure settlements from the publishers involved. The publishers, who at the time were Penguin, Macmillan, HarperCollins, Simon & Schuster, and Hachette but who only now include Random House due to its merger with Penguin (Random House took no part in the … [Read more...] about Publishers Displeased with DOJ Terms against Apple
Apple’s Troubles with DOJ Far from Over
Sometimes, it's just not enough to win, at least in the eyes of the Department of Justice. And when the issue involves anti-trust violations and price fixing, it can seem like it's not enough for the government to slap you on the wrist, if damages in the ball park of $266 million to $500 million can be seen as a little slap. Now that Judge Denise Cote ruled that Apple was, … [Read more...] about Apple’s Troubles with DOJ Far from Over
Verdict Against Apple Could Result in Triple the Damages Due to Be Paid
With the first of the Apple verdicts behind them and the promised appeal looming on the horizon, there is still some question as to who will pay, when they will pay, and how much. With the earlier settlements from the five publishers involved, one of the resounding statements they repeatedly made when signing to agree to pay out hundreds of millions of dollars … [Read more...] about Verdict Against Apple Could Result in Triple the Damages Due to Be Paid
Apple’s Place in the eBook Market Growing
A lot of the sentiment coming from the defense in the on-going Apple anti-trust lawsuit, brought about by the Department of Justice following a three-year investigation involving five of the largest publishers in the world, is that the DOJ is wasting its time going after a company that was in a distant third place behind Amazon and Barnes and Noble. At the time of the alleged … [Read more...] about Apple’s Place in the eBook Market Growing