Sentences with phrase «apple over ebook pricing»
Three of five publishers that the Justice Department accused of conspiring with Apple over ebook pricing have already settled.
http://www.theregister.co.uk/ Not exact matches
In the ongoing legal battles involving Apple over antitrust violations in an ebook price fixing case, it seems the technology giant just can't catch a break.
News was announced yesterday from the lawyers for the plaintiffs in one of Apple's side lawsuits over ebook pricing that the grand total the company could have to pay out to consumers is $ 400 million.
2 min readThe eBook pricing war rages on, with such heavy - hitters as the Department of Justice, Amazon, Apple, and the majority of major publishers continuing to tussle over the price of eBooks.
One last fact: Even after the price - fixing issue called «agency pricing» is settled and over, nothing prevents publishers from charging Apple and Amazon and any other ebook channel that comes online between now and forever, whatever price they want for an ebook.
Apple, Pearson and Macmillan continue to fight the US Justice Department in reaching a settlement over their agency eBook price fixing.
Many publishers colluded with Apple when it launched iBooks to create a uniform ebook pricing structure to disrupt Amazon's complete dominance over the industry.
A US judge is still in the process of handling the DOJ lawsuit against Apple — along with five of the then - Big Six publishers — for conspiring to raise the price of ebooks in order to impact the market share that Amazon held over the industry.
This settlement isn't to be confused with the Department of Justice lawsuit against Apple for colluding with five of the then - Big Six publishers to artificially raise the prices of ebooks in order to draw some of the control over the market away from Amazon.
According to Bloomberg, the U.S. DOJ just filed an antitrust lawsuit against Apple over the pricing of eBooks.
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.
Apple has faced a ton of heat over its price fixing allegations to form a ebook price fixing cartel with the top six publishers.
I can see why Apple is jaded with the platform, they colluded with publishers to implement agency pricing and had to pay over a hundred million to appease the Justice Department and give that money back to the customers that paid for ebooks.
With its outrageous download fees for ebooks (megabyte for megabyte, over five times more expensive than Verizon cell phone data charges) and the low royalty it pays on books outside a narrow price range ($ 2.99 - 9.99), Amazon is probably earning double the profits on ebooks as competitors such as Apple or various national ebook retailers.
While the US courts hear arguments about alleged price fixing and anti-trust issues between Apple and five of the Big Six publishers» effort to reduce Amazon's hold on the ebook industry, a similar investigation has been going on in the EU over the same accusations.
When I asked for his reaction to the Department of Justice's anti-trust lawsuit against Apple and the Publisher Defendants over eBook pricing, he eschewed gloating and stuck to the company line: «We think it's great for customers for retailers to be able to compete and set prices for consumers and try to find a way to build a great business and a great consumer offering.»
The eBook pricing war rages on, with such heavy - hitters as the Department of Justice, Amazon, Apple, and the majority of major publishers continuing to tussle over the price of eBooks.
Class - action law firm Hagens Berman's seeking more plaintiffs for its lawsuit against Apple and five publishers over illegal ebook price - fixing.
New court reports this week suggest Apple (s aapl) is sinking ever deeper into legal quicksand, as the company fights a court judgment over ebook price - fixing that could ultimately cost it close to $ 1 billion dollars.
Also, the pending Department of Justice lawsuit against Apple and other publishers over the «setting» of ebook prices could affect Amazon's distribution to Apple, even with the Ingram deal.
In the wake of the Department of Justice lawsuit against Apple and book publishers over ebook pricing, Amazon is in a renewed position of strength.
Apple has received a new damages claim of over $ 840 million dollars for conspiring with publishing companies to raise the price of ebooks across the entire industry.
A Manhattan judge has finally approved Apple's settlement in its long - running ebook price - fixing lawsuit: $ 400m will go to readers who paid over the odds, and $ 50m will go to the lawyers suing the iTunes Giant.
The European Commission said it was opening a formal investigation over whether the five publishers and Apple had restricted competition by colluding on ebook pricing.
A US appeals court has rejected Apple's attempt to delay the damages trial over its ebook price - fixing scandal.
A few weeks after a settlement was approved in the United States, Apple (s AAPL), Simon & Schuster, HarperCollins, Hachette and Macmillan have reached a preliminary agreement with the European Commission over allegedly conspiring to set ebook prices.
The Department of Justice today filed its antitrust suit against Apple, Hachette, HarperCollins, Macmillan, Penguin and Simon & Schuster over the agency model of ebook pricing.
The cat in question here is [company] Amazon [/ company], which controlled over 90 percent of the ebook market in early 2010 when Apple and the publishers introduced «agency pricing,» which lets publishers set an ebook's retail price and pay the publisher a commission.
It's been several months now since any news has been heard about Apple «s settlement in a class - action lawsuit over the company's ebook price - fixing.