Saturday, January 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Nintendo's 'Fire Emblem Heroes' Smartphone Game features in-app Purchases
Fujifilm X-T20 Features New 24MP Sensor and 4K Video Capture
Samsung Begins Rollout of Android 7.0 Nougat
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple F...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 10, 2013
Apple Found Guilty in Ebooks Conspiracy Case


A judge Wednesday found Apple guilty of a price-fixing conspiracy for electronic books, saying the company "conspired to restrain trade" with publishers to boost the price of ebooks.

The decision could reshape how books are sold on the Internet.

On April 11, 2012, the Department Of Justice filed a civil antitrust lawsuit in the U.S. District Court for the Southern District of New York against Apple and five book publishers (Hachette Book Group (USA), HarperCollins Publishers L.L.C., Holtzbrinck Publishers LLC, which does business as Macmillan, Penguin Group (USA) Inc. and Simon & Schuster Inc.) for conspiring to end e-book retailers' freedom to compete on price by taking control of pricing from e-book retailers and increasing the prices that consumers paid for e-books.

At the same time that it filed the lawsuit, the department reached settlements with three of the publishers - Hachette, HarperCollins and Simon & Schuster. The department also settled with Penguin on Dec. 18, 2012, and with Macmillan on Feb. 8, 2013. Under the settlements, each publisher was required to terminate agreements that prevented e-book retailers from lowering the prices at which they sell e-books to consumers and to allow for retail price competition in renegotiated e-book distribution agreements.

The department's trial against Apple, which was overseen by Judge Denise Cote, began on June 3, 2013. The trial lasted for three weeks, with closing arguments taking place on June 20, 2013.

Judge Denise Cote said in her opinion that "Apple is liable here for facilitating and encouraging the Publisher Defendants' collective, illegal restraint of trade." She ordered a new hearing to determine damages. The Judge added the conspiracy resulted in prices for some e-books rising to $12.99 or $14.99, when Amazon had sold for $9.99.

"The plaintiffs have shown that the publisher defendants conspired with each other to eliminate retail price competition in order to raise e-book prices, and that Apple played a central role in facilitating and executing that conspiracy," Cote said.

"Without Apple's orchestration of this conspiracy, it would not have succeeded as it did in the spring of 2010," she added.

Apple claims that it did not conspireto fix ebook pricing and plans to appeal the judge's decision.

"This result is a victory for millions of consumers who choose to read books electronically. After carefully weighing the evidence, the court agreed with the Justice Department and 33 state attorneys general that executives at the highest levels of Apple orchestrated a conspiracy with five major publishers - Hachette, HarperCollins, Macmillan, Penguin and Simon & Schuster - to raise e-book prices. Through today's court decision and previous settlements with five major publishers, consumers are again benefitting from retail price competition and paying less for their e-books," said Assistant Attorney General Bill Baer in charge of the Department of Justice's Antitrust Division.

"As the department's litigation team established at trial, Apple executives hoped to ensure that its e-book business would be free from retail price competition, causing consumers throughout the country to pay higher prices for many e-books. The evidence showed that the prices of the conspiring publishers' e-books increased by an average of 18 percent as a result of the collusive effort led by Apple."

The court has not yet scheduled a hearing to address the parties' proposed remedies.


Previous
Next
Acer Introduces New Gaming Desktop        All News        New Enterprise Hard Disk Drives By Seagate
Instagram Introduces Web Embeds Tools For Embedding Images     General Computing News      Amazon, Sony, Nvidia Among Samsung's Future Chip Clients

Get RSS feed Easy Print E-Mail this Message

Related News
Apple Sues Qualcomm Over Patent Royalties
Nokia Files More Suits Against Apple
Nokia Sues Apple For Infringement of Nokia Patents
Apple May Manufacture In India-based Facilities: report
Apple Appeals EU tax Ruling
Apple AirPods Already Backordered Into New Year
Apple Has Discussed $100 Billion Investment In SoftBank
Apple iOS 10.2 Update Brings New Emojis, Improvements
Apple AirPods Will Miss Holiday Season
Apple In Talks With Hollywood For Early Movie Rental
These Are Apple's Best of 2016 Across Apps, Music, And Movies
U.S. Supreme Court Rules in Favor of Samsung in Smartphone Patent Suit

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .