DOJ

US DOJ could lose ebook price fixing lawsuit

US DOJ could lose ebook price fixing lawsuit

The US Department of Justice brought a lawsuit against Apple and ebook publishers yesterday regarding price fixing, and already three companies have settled. Hachette, HarperCollins and Simon & Schuster will have to break their current contracts with Apple and negotiate new ones. While it’s indicates an early victory for the DOJ, CNET believes that the agency won’t have the same success with Apple.

Continue Reading

US ebook price fixing suit settlement detailed

US ebook price fixing suit settlement detailed

Of the handful of massive publishers including Hachette, HarperCollins, Simon & Schuster, MacMillan, Penguin, and Apple, several have agreed to settlement terms with the US government. Not wishing to carry the case any longer than they have to, Hachette, HarperCollins and Simon & Schuster have agreed to file terms for a proposed settlement. This settlement will have them doing a list of actions to stay out of further litigation via the Department of Justice while the rest of the defendants continue the case. The Department of Justice aims to "ensure that e-books are affordable as possible" in this case by defending the law which prohibits conspiring by companies to keep prices on products artificially high.

Continue Reading

Apple could be sued by the DOJ over ebook price-fixing

Apple could be sued by the DOJ over ebook price-fixing

I'm sure I'm not the only person that was more than a little irritated when Apple started offering e-books and came in disrupting the cheaper price model where the seller had more control over pricing. Originally, the price of a new title was roughly $10, but Apple allowed the publishers set the prices pushing some titles up to $15 or more. The Department of Justice is now investigating Apple for price-fixing.

Continue Reading

1 2 3 4