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 price fixing
Apple Fires Back at the Justice Department in iBooks Trial
The USA Justice Department was looking into allegations that Apple colluded with major publishers to establish agency pricing. This created an environment where the publishers dictated the pricing for digital books and created an outcry in Europe and the USA against price fixing. All of the publishers have settled their cases by abandoning the agency model for two years and … [Read more...] about Apple Fires Back at the Justice Department in iBooks Trial
Top Publishers Reach a $69 Million Dollar Settlement for Agency Pricing
HarperCollins, Hachette, and Simon & Schuster have settled with the Justice Department in the Apple ebook collusion case, and it may really benefit customers. Today these three companies reached a settlement of $69 million dollars that will be distributed to 49 States in the USA. This will give people who bought ebooks in the past from these publishers partial refunds on … [Read more...] about Top Publishers Reach a $69 Million Dollar Settlement for Agency Pricing
Apple Makes Its First Official Comment on Justice Department Legal Case
Apple has faced a ton of heat over its price fixing allegations to form a ebook price fixing cartel with the top six publishers. Originally, with the launch of iBooks, Steve Jobs courted major publishers to level the playing field so they could successfully enter the digital book market. In a statement to website All Things D, Tom Neumayr said "The DOJ’s accusation of … [Read more...] about Apple Makes Its First Official Comment on Justice Department Legal Case
Apple, Pearson, and Macmillan Continue to Fight Against eBook Settlement
Apple, Pearson and Macmillan are fighting tooth and nail to bow down to pressure to settle their price fixing lawsuit raised by the EU and US Justice Department. Meanwhile, CBS Corp's Simon & Schuster Inc, HarperCollins Publishers Inc, and Lagardere SCA's Hachette Book Group just want it to be over. Last week sources at the USA Justice Department said on record that they … [Read more...] about Apple, Pearson, and Macmillan Continue to Fight Against eBook Settlement