You might have heard of the recent Justice Department settlement with the big six publishers
on fixing eBook prices.
Not exact matches
On the other hand,
ebooks have to be
fix in
price for all book sellers because * drum roll * they are books.
In 2012, the U.S. Department of Justice (DoJ) accused Apple and five publishers of
ebook price fixing, and since then, 33 states have sued Apple
on behalf of their consumers.
On Thursday, France's Minister of Culture, Fleur Pellerin, announced that Kindle Unlimited (KU) and other unlimited
ebook subscription services are illegal in France because they violate the country's
fixed book
price law.
Before Amazon emerged, there were six major publishing houses, each with several imprints; Amazon indirectly had a significant impact
on their finances through the
ebook price fixing investigation that resulted in settlements in the hundreds of millions of dollars from the publishers alone.
When using any distributor, you should make sure that you adhere to the
Fixed Price Law, which means your book must be available for the same price on all German sales channels (this will be easy on German ebook distributors, but you have to pay attention when using Smashwords, for insta
Price Law, which means your book must be available for the same
price on all German sales channels (this will be easy on German ebook distributors, but you have to pay attention when using Smashwords, for insta
price on all German sales channels (this will be easy
on German
ebook distributors, but you have to pay attention when using Smashwords, for instance).
The article hastened to point out that the Big Six and Apple are being investigated
on two continents for reports of
ebook price fixing in an effort to oust bookselling giant Amazon, a purported arrangement that, if true, backfired in a monumental way.
The entire case stemmed from a government probe
on Apple
price fixing the landscape of
ebooks when it first launched the iBooks service.
Certain digital content is distributed under an agency
pricing model in which the publishers set
fixed prices for
eBooks and NOOK receives a
fixed commission
on content sold through the eBookstore.
Apple was criticized for not taking the judge's ruling lying down when it came time to a $ 200 + million verdict against it in the DOJ
ebook pricing fixing lawsuit, despite the fact that the amount was less than one percent of its cash
on hand.
That ruling found that they had essentially instigated illegal
price fixing measures in their efforts to work with the Big Five publishers to lessen Amazon's stronghold
on the
ebook market.
After countless hours of legal battle, Macmillan has finally agreed upon a settlement that appeased Judge Denise Cote and the plaintiffs in the lawsuit that alleged five of the Big Six publishers conspired with Apple to
fix the
prices on ebooks sold through online retailers.
Earlier in the week the Justice Department sued 6 major publishers and Apple in a
price fixing scandal
on ebooks.
As part of the settlement terms in several states» Attorneys General lawsuits against some of the Big Six publishers over alleged
ebook price fixing, Amazon customers received some welcome news today: they would be receiving account credits
on eligible purchases.
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.
In some positive news for publishers Simon & Schuster and HarperCollins, who have been dealing with the shift in the
ebook market and the litigation settlements in the Apple
price fixing case brought
on by the Department of Justice, the publishers announced a partnership with Worldreader to bring their titles to... [Read more...]
However, Judge Cote accepted the terms based
on the assumption that the market can not engage in illegal
price fixing and justify it by saying it was done in order to return some semblance of balance to the
ebook market.
Statement by Joaquin Almunia, vice president of European Commission responsible for competition policy,
on settlement of
eBook price -
fixing lawsuit with Apple, Hachette, HarperCollins, Macmillan, and Simon & Schuster.
Slipping
on a Few Antitrust Banana Peels — Scrivener's Error with some deep legal napery
on the DOJ's
ebook price fixing investigation.
The case hinges
on whether Apple's suggested move to an agency model - in which the publishers set the
ebook prices, and Apple and other retailers take a cut - facilitated a conspiracy to
fix prices unfairly high.
Late
on Tuesday, the Justice Department filed its response to Apple's (s aapl) appeal of a 2013
price -
fixing verdict that found the iPhone maker had brokered a conspiracy among book publishers to
fix the
price of
ebooks.
Apple appears to face an uphill battle as it goes to trial Monday in New York
on ebook price fixing charges brought by the U.S. government.
I've felt for a long time that what authors (agents) should work toward is a
fixed amount - per - copy - sold as an
ebook royalty and just get out of the percentages business
on ebooks, which, as we know, can have their
prices change
on a frequent basis.
When Apple goes before a federal appeals court
on Dec. 15, trying to overturn the
ebooks price -
fixing judgment the Justice Department won against it in July 2013, there will be an elephant in the room.
Apple goes
on trial today as the last man standing against charges of
ebook price fixing brought by the US government.
Now, I could go
on and
on about agency
pricing,
price fixing, terms like «paperback
ebook pricing» and «hardcover
ebook pricing» and so
on....
In May, as it negotiated a new contract with Hachette Book Group (a settling defendant in the
ebooks price -
fixing case), Amazon pulled the preorder buttons
on most Hachette titles, stopped recommending its authors» works, and burdened Hachette's books with artificial delivery delays.
Amazon's
ebook marketshare was about 90 % when the Obama administration DOJ intervened to go after, would you believe, Apple, which at the time of its alleged
price -
fixing had 0 % of the
ebook market and was selling
ebooks that could only be read
on pricey devices.
The German
ebook market is
on a rising trend and is popular with traditional publishers in particular as the country still has a
fixed book
price agreement which means
ebook prices are generally considerably higher there than in the US and UK.
Apple will fight the
ebook price fixing ruling, the company has said today, promising to appeal the court's decision and accusing Amazon of having a «monopolistic grip
on the publishing industry.»
As the federal government presses its antitrust case against Apple (s aapl), Amazon (s amzn) is taking
on a central role in determining whether a court will conclude that the iPad maker illegally colluded with five publishers to
fix the
price of
ebooks.
Hot
on its heels will be Google Books and Google
eBooks, which delayed their launch in order to adapt to Spain's
fixed -
price book law.
In a recently released document filed with the court
on Wednesday, Apple's counsel addressed the charges by claiming the DOJ has its story backwards — Apple wasn't working with publishers to
fix eBook prices, it was breaking Amazon's «monopolistic grip»
on the
eBook market and the publishing industry.