Apple forced to pay $450 million after Supreme Court rejects e-book appeal

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Apple's eBook appeal is just getting started. Photo: Apple
Apple's e-book legal battle is finally over.
Photo: Apple

Apple’s nearly three year legal battle over charges that it conspired with publishers to raise the price of e-books is finally coming to end.

This morning the U.S. Supreme Court declined to hear Apple’s appeal, which leaves the 2nd U.S. Circuit Court of Appeals ruling in place. Apple will finally have to pay $450 million as part of the settlement.

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Apple loses appeal to dismiss antitrust monitor, again

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Apple can't ditch its ebook compliance monitor.
Apple can't ditch its ebook compliance monitor.
Photo: Apple

Apple just can’t get rid of its shady antitrust compliance monitor.

After making another appeal to the 2nd U.S. Circuit Court of Appeals in New York to disqualify Michael Bromwich as its monitor, Apple was rejected by the federal court this morning, even though the judge said Apple’s allegations against Bromwich ‘give pause.’

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Apple’s e-book antitrust monitor is charging for reading the paper

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We wonder if blog posts cost money to read, too. Photo: GalleryHip
We wonder if blog posts cost money to read, too. Photo: GalleryHip

Michael Bromwich, the court-appointed antitrust monitor who infamously handed Apple an “unprecedented” legal bill of $138,432 for his first two weeks’ work, is back — and his latest eyebrow-raising offence is charging Apple to “review relevant media articles.”

What does that mean, you might ask? In layman’s terms it refers to the fact that he’s billing Apple for reading the newspaper.

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Apple shareholders sue Tim Cook over e-book conspiracy

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Shareholders are getting a huge payday from Apple.
Apple shareholders are suing Tim Cook for "ensnaring Apple in a multi-year anticompetitive scheme" related to e-books.

You’re most probably familiar with the expression “out of the frying pan into the fire.”

Having seemingly settled its e-book price-fixing lawsuit by agreeing to pay $450 million, Tim Cook and other top Apple execs are now being sued by Apple shareholders, claiming that the incident has damaged the company.

As per a complaint filed at the end of last week, Cook and other Apple executives were told that they should accept “responsibility for ensnaring Apple in a multi-year anticompetitive scheme.”

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Judge in e-book antitrust case is unhappy Apple may pay just $70m

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judge

U.S. District Judge Denise Cote says that it is “most troubling” that Apple could potentially be made to pay just $70 million in its antitrust case related to e-book price fixing.

Cote was speaking during a teleconference on Thursday regarding the long-running case claiming that Apple conspired with five publishers to fix e-book prices.

In the original ruling made by Judge Cote in April 2012, Apple was expected to pay $674 million after the plaintiffs reached settlements with the individual publishers.

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Apple discounts the e-books Amazon refuses to stock

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preorders

While Amazon’s locked in an ongoing dispute with publishing house Hachette — which has resulted in the publisher’s books being pulled from Amazon’s shelves — Apple’s more than happy to take advantage of the situation.

Apple’s iTunes store is currently promoting a sale on digital versions of popular Hachette titles, which includes upcoming books from the likes of James Patterson and J.K. Rowling.

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Create Beautiful Digital Media With 1stFlip Flipbook Creator [Deals]

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redesign_1stflip_mf

Print media is slowly dying out while digital is taking over by the day. This is exactly why we’ love ’re bringing you 1stFlip Flipbook Creator in our latest Cult of Mac Deals offer.

1stFlip Flipbook Creator allows you to convert PDFs into interactive pieces of content for your website. It gives you the ability to place your product in front of millions of viewers without needing to print and distribute anything. You can send readers your direct link or share your flipbook to your social networks, websites or blogs with one click. And Cult of Mac Deals has 1stFlip Flipbook Creator for only $35!

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Apple Files An Appeal In E-Book Antitrust Case

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Apple has filed an appeal related to last year’s verdict stating that the company violated U.S. antitrust laws by conspiring with publishers to fix e-book prices.

The appeal — which was filed Tuesday with the Second U.S. Circuit Court of Appeals in New York — calls U.S. District Court Judge Denise Cote’s ruling “a radical departure from modern antitrust law and policy,” and argues that it will “stifle innovation, chill competition, and harm consumers” if it is followed.

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Apple Is Difficult To Work With, Says Court-Appointed Monitor

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gavel

When your working relationship begins with the company you’re working with making an official complaint about your “unprecedented” bill, you know things are off to a rocky start.

Cult of Mac reported back in late November about Apple’s dealings with court-appointed monitor Michael Bromwich: the former U.S. attorney and Justice Department inspector general given the job of ensuring Apple’s antitrust compliance regarding e-book price fixing.

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Court Gives Final Ruling In Apple E-Book Antitrust Suit

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ibooks_cloud_2x

The e-book price-fixing saga between the U.S. government and Apple has finally come to an end. After a long and messy trial, presiding judge Denise Cote has given the final ruling against Apple. The injunction isn’t as punitive as expected, but there are still several stipulations that will change the way Apple does business regarding the iBookstore.

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