Penguin, one of the five named publishers in the Apple e-book price fixing suit, has reached a comprehensive agreement with the United States State Attorneys General and private class plaintiffs to pay a cool $75 million in consumer damages, in addition to costs and fees related to resolving all antitrust claims relating to the e-book price fixing suit...
Things are really starting to heat up between Apple and the US Department of Justice over this e-book price fixing scandal. The DoJ filed an antitrust lawsuit against Apple last year for allegedly conspiring with major book publishers to raise e-book prices.
And with the trial set to kick off in a few weeks, there's beginning to be a lot of activity between the two. Yesterday, a DoJ filing popped up that called Apple out for facilitating the price fixing. And today, a potentially damning email from Steve Jobs has surfaced...
As you know, publishers Hachette, HarperCollins, Macmillan, Penguin and Simon & Schuster all settled with the US Justice Department (DoJ) in an antitrust lawsuit the government filed against them and Apple in April 2012. In turn, DoJ is focusing on Apple now and, according to a new report, is calling Apple out for being a facilitator of an alleged price fixing related to electronic books sold on its iBookstore.
Furthermore, DoJ claimed it collected evidence that proves Apple was the "ringmaster" in the price fixing conspiracy...
Last September, three of the nation’s top five book publishers settled with The United States Justice Department (DOJ) over alleged collusion in the pricing of e-books, despite Apple crying foul and accusing Amazon of assisting the government's agenda. Following DOJ's deal with HarperCollins, Simon & Schuster and Hachette, Penguin followed suite in December 2012 and today DOJ announced that Macmillan has stricken a similar settlement with Uncle Sam, leaving Apple as a lone holdout in the suit...
Earlier this year, the US Department of Justice filed a lawsuit against Apple and 5 major publishers for allegedly conspiring to fix e-book prices. The trial is set for June of next year.
Apple maintains that the lawsuit is ridiculous, and vows to fight the allegations. But not everyone is so sure. A federal judge just approved settlements from three of the publishers...
A new report is out this morning claiming that Apple and several major publishers have agreed to offer pricing concessions in an effort to end an antitrust investigation by the European Union (EU).
Last December, the EU started looking into claims that Apple was conspiring with publishers to raise e-book prices, saying its "agency model" was hampering digital publishing competition in Europe...
The US Department of Justice says it has received nearly 1000 public comments since it lodged its lawsuit against Apple and a number of major book publishers earlier this year. The suit claims that Apple worked in concert with the publishers in an effort to raise e-book prices.
The DoJ has responded to the comments today, and has strong words for both Apple and the accused publishers. Despite the pushback, the Department says that it has every intention to move forward with its e-book lawsuits and settlement talks as planned...
Earlier this year, the United States Department of Justice filed an antitrust lawsuit against Apple and five major book publishers for allegedly conspiring to raise e-book prices.
Three of the five publishers have decided to settle with the DoJ. But Apple, however, maintains its innocence. And it'll get a chance to prove that in court, come next June...
The United States Department of Justice (DoJ), which filed an antitrust lawsuit against Apple and five major publishers for alleged price fixing of electronic books sold on the iBookstore, is painfully lost in the intricacies of the so-called agency model exercised on the iBookstore, says Apple's Eddy Cue.
Unlike Amazon which gets to dictate prices, often at the expense of publishers, Apple lets publishers set their own price tags on the iTunes store, opting instead to take its standard 30 percent cut.
Somehow, the government alleges such a practice, which has been widely accepted on iTunes since the dawn of time, is the product of a conspiracy.
Now, Apple had to dispatch its online services boss to set the record straight, saying the government doesn't have a clue...
Confident that the US Department of Justice's allegations that Apple sat down with book publishers to agree on eBooks prices are weak, the company wants to go to trial to defend itself, a lawyer for the company said today.
According to antitrust experts, the DoJ, which filed an antitrust lawsuit against Apple and five other publishers last week has a weak case, and this probably explains why Apple is feeling so strong about the situation...