In a long-awaited decision from Judge Denise Cote, the court approved the settlement terms from three of the five Big Six publishers who allegedly colluded with Apple to set the prices of ebooks artificially high in order to rein in some of Amazon’s dominance over the market. This settlement will allow retailers to set the price of ebooks again, meaning the publishers will have … [Read more...] about Judge Approves eBook Settlement, Price Power Back to the Retailers
Department of Justice
Long Term Effects of the DoJ Lawsuit Against Apple, Publishers
Senator Charles Schumer (D-NY) has spoken out in defense of Apple and the publishers who are currently engaged in court proceedings with the Department of Justice over anti-trust violations. While Sen. Schumer does not necessarily defend the actions of the computer giant of its publishing co-defendants, he does argue that going forward with the lawsuit and any … [Read more...] about Long Term Effects of the DoJ Lawsuit Against Apple, Publishers