November 21, 2017

Judge Eases Proposed Restrictions in Apple Price-Fixing Case

It’s been a long, hot summer for Apple, as the case against the tech company for allegedly conspiring with big-name publishers to fix the price of ebooks in the iBooks Store drew to its conclusion. The company finally got a bit of good news last week, though, as federal Judge Denise Cote mitigated the sanctions originally proposed for the company. The final terms of the injunction, signed yesterday by Judge Cote, take much of the sting out of a series of penalties suggested by the Department of Justice (DOJ), which Apple’s lawyers complained were excessively harsh.

Update: Publishers Agree To $69 Million Settlement For Ebook Buyers

Pending the approval of U.S. District Judge Denise Cote, $69 million will be awarded to consumers who purchased agency-priced ebooks between April 2010 and May 2012, as part of a proposed settlement of a state antitrust suit filed against HarperCollins, Hachette SA, and Simon & Schuster. Led by the Attorneys General of Connecticut and Texas, 49 states (excluding Minnesota) and 5 U.S. territories had accused the publishers of conspiring to fix ebook prices.

B&N, Defendants Respond in Ebook Antitrust Cases

Yes, you read that right: Barnes & Noble filed a document with the court in the Department of Justice (DoJ)’s ebook pricing antitrust case, despite not being a party to it. In its filing, the bookseller said the DoJ’s proposed settlement would “injure innocent third parties, including Barnes & Noble, independent bookstores, authors, and non-defendant […]

Agency Model Antitrust Investigation Could Close Soon

The Department of Justice’s ongoing investigation of Apple and five major publishers could reach a conclusion as early as this week, according to Bloomberg. The department is looking into whether the publishers and Apple violated antitrust laws when they decided to adopt the “agency model” of ebook pricing. Apple, Penguin and Macmillan are prepared to […]