fixing the price-fixers

(Jeff Kubina)

Supreme Court Leaves Apple On The Hook For $450 Million In E-Book Refunds

Nearly three years after Apple was found liable for conspiring with book publishers to fix prices on the e-book market — and nine months after losing again at the appeals court level — the electronics giant has failed to convince the U.S. Supreme Court to hear its case one final time, meaning Apple is now on the hook for $450 million to e-book buyers. [More]

(Veronica Belmont)

DOJ Proposal: Apple Must Let Amazon, Barnes & Noble Sell E-Books Through iOS Apps

Though there are Kindle and Nook apps for iPhone and iPad, restrictions put in place by Apple prevent users from actually making e-book purchases via those apps without those companies having to pay a hefty commission to Apple. You can’t even see the prices Amazon and Barnes & Noble charge for e-books, thus making it difficult to comparison shop. But as part of the proposed remedies following Apple’s loss in the recent e-book price-fixing case, the Justice Dept. says consumers should have the option of buying e-books on iOS devices from Apple’s competition. [More]

DOJ Agrees On E-Book Price-Fixing Settlement With Three Publishers

DOJ Agrees On E-Book Price-Fixing Settlement With Three Publishers

Only hours after filing suit against Apple and six book publishers over allegations of e-book price-fixing, the Justice Dept. said has agreed on settlement terms with three of those publishing companies — HarperCollins, Simon & Schuster, and Hachette. [More]