While all of its alleged co-conspirators have settled and begun the process of atoning for the price-fixing sins they have not legally admitted to committing, and even though it was found guilty of its part in the arrangement in 2013, Apple is still fighting to clear its name. Today, the electronics company once again squared off against federal prosecutors, trying to make the claim that Apple was actually trying to help break up Amazon’s monopoly on e-book pricing. [More]
e-book price fixing
While Apple is still fighting the court’s ruling that it was involved in e-book price-fixing with America’s largest book publishing companies, those publishers have all reached settlements with the various regulators, attorneys general, and others over the same allegations that they colluded to set an inflated price on e-books. Today, Amazon began issuing credit to its customers who paid too much because of the publishers’ actions. [More]
One of the first settlement amounts to be announced in a nationwide agreement between various states and a group of three of the country’s largest book publishers comes today, as Washington state says e-book consumers will receive $2 million over allegations of e-book price fixing.