Apple welcomes trial over eBook price-fixing allegations

By on April 19, 2012 at 5:55 PM.

Apple welcomes trial over eBook price-fixing allegations

Apple wants to go to trial to defend itself against allegations made the United States government surround a price-fixing scheme, Reuters reported on Wednesday.  “Our basic view is that we would like the case to be decided on the merits,” Apple lawyer, Daniel Floyd, told U.S. District Judge Denise Cote. “We believe that this is not an appropriate case against us and we would like to validate that.” The Department of Justice last week accused the Cupertino-based company and five book publishers of conspiring to fix electronic book prices through Apple’s iBookstore. According to the DOJ’s case, Apple agreed in 2010 to allow some of the top book publishers to set their own prices. Since then, prices have risen and other online retailers such as Amazon have been under pressure from publishers to raise their discounted prices as well. The Justice Department claims Apple colluded with Simon & Schuster, Hachette Book Group, HarperCollins Publishers, Penguin Group and Macmillan to control prices. The the next hearing in the trial is scheduled for June 22nd. More →

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Australian government considering lawsuit against Apple over eBook price-fixing

By on April 12, 2012 at 7:55 PM.

Australian government considering lawsuit against Apple over eBook price-fixing

The Australian Competition and Consumer Commission has urged local retailers to voice their concerns about eBook price-fixing as it considers a lawsuit against Apple and five of the world’s largest book publishers, The Financial Review reported on Thursday. “The ACCC has previously stated that impediments to emerging competition involving online traders is an area of priority,” a spokesperson said. “Competition concerns may arise where traders seek to restrict the discounting of products by way of respective arrangements with suppliers. Retailers with concerns should raise them with the ACCC.” The United States Department of Justice on Wednesday filed a similar suit against Apple, Simon & Schuster, Hachette Book Group, HarperCollins Publishers, Penguin Group and Macmillan for allegedly conspiring to fix eBook prices. More →

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DOJ likely to lose eBook antitrust suit against Apple

By on April 12, 2012 at 12:05 PM.

DOJ likely to lose eBook antitrust suit against Apple

The United States Department of Justice is likely to lose its antitrust lawsuit targeting Apple and book publishers, according to a report from CNET. A number of legal experts agree that the case against the Cupertino-based company isn’t as strong as the one against publishers. The DOJ “has a far better case against the publishers than Apple,” said Dominick Armentano, professor and author of Antitrust and Monopoly. “If the CEOs of the various publishers got together in hotel rooms to discuss prices, they are sunk” and might as well settle, he said. Within the 36-page complaint, the Justice Department recounts how publishers met over breakfast in a London hotel and during dinners at a Manhattan restaurant to discuss price-fixing. Apple did not attend those meetings, however. More →

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European Commission to investigate Apple, eBook publishers in antitrust probe

By on December 6, 2011 at 9:01 AM.

European Commission to investigate Apple, eBook publishers in antitrust probe

The European Commission announced Tuesday that it has opened formal proceedings to investigate whether or not major eBook publishers, possibly “with the help of Apple,” are “engaged in anti-competitive practices affecting the sale of eBooks.” The publishing companies named in the investigation include Hachette Livre, Harper Collins, Simon & Schuster, Penguin and Verlagsgruppe Georg von Holzbrinck. “The Commission will in particular investigate whether these publishing groups and Apple have engaged in illegal agreements or practices that would have the object or the effect of restricting competition in the EU or in the EEA,” the European Commission said in a statement. It is unclear how long the investigation will take. A press release from the European Commission follows after the break. More →

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First Steve Jobs authorized biography to land in 2012

By on April 11, 2011 at 8:33 PM.

First Steve Jobs authorized biography to land in 2012

The first authorized biography about Apple CEO Steve Jobs is set to launch in early 2012, publisher Simon and Schuster announced on Sunday. The book, titled “iSteve: The Book of Jobs,” was written by Walter Isaacson, who began writing it in 2009. The Washington Post said Isaacson worked closely with Jobs and also interviewed family members, co-workers at Apple, and even those at Apple’s competitors. Isaacson is no stranger to writing; he’s written books about Albert Einstein and Benjamin Franklin, served as CEO at CNN, and worked for TIME. “This is the perfect match of subject and author, and it is certain to be a landmark book about one of the world’s greatest innovators,” said Simon & Schuster publisher Jonathan Karp. “Just as he did with Einstein and Benjamin Franklin, Walter Isaacson is telling a unique story of revolutionary genius.” More →

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Apple negotiated lower prices for its e-books, $14.99 to be the maximum price?

By on February 18, 2010 at 5:59 PM.

Apple negotiated lower prices for its e-books, $14.99 to be the maximum price?

Apple Logo-Black + White

Apple shook up the e-book market with the recent introduction of iBookstore, its new e-book marketplace that is slated to debut on the iPad. Additionally, Apple partnered with five of the largest book publishers in a deal that would allow the publisher to set the prices of e-books to $12.99 to $14.99, and offered a profit-sharing arrangement in which Apple would take a 30% cut. Publishers boasted of their success and bullied Amazon into raising its Kindle e-book prices to the same price point set by Apple. All was well and good until a circulating rumor surfaced today that suggests Apple may have a trick or two up its sleeve. Apple has reportedly negotiated lower pricing on many of its e-books and that $12.99 – $14.99 price point being touted by publishers may actually be the top tier. Apple supposedly pushed publishers to offer discounts on best sellers, forcing prices down to a level that could rival Amazon’s $9.99 price point. Apple also reportedly negotiated a pricing scheme on non-bestsellers that is based upon the price of the hardcover edition of a book. An e-book with a hardcover edition worth less than $26 could have a price point well below $12.99. When the dust settles, we may have Amazon raising its e-book prices and Apple lowering its prices in a series of maneuvers that may have been brilliantly played by the boys from Cupertino. More →

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