All items tagged with "price fixing"

Judge suggests Amazon, not Apple, is e-book monopolist

Apple's eBook appeal is just getting started. Photo: Apple

Apple’s eBook appeal is just getting started. Photo: Apple

Apple was found guilty last year of colluding with publishers to raise ebook prices, but now that the antitrust case is being heard by the Second U.S. Court of Appeals, two out of the three appellate judges are starting to see things Apple’s way.

The appeals case kicked off this morning with Deputy Solicitor General Malcolm Stewart attempting to compare Apple to a driver taking a narcotics dealer to a drug pick up. The analogy was supposed to make the point that if Apple knew publishers were conspiring to fix ebook prices, it was just as guilty as them for facilitating the conspiracy. However, Fortune reports that Judge Denis Jacobs laughed off the analogy, pointing out that drug trafficking is one of the few “industries in which the law does not look with favor or new entrants.”

The comment drew a chorus of laughs in the courtroom, but Judge Jacob’s concerns went even further, as the the judge questioned whether the government should have even brought the case to court.

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

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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 Found Guilty Of E-Book Price Fixing

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Following a lengthy trial, U.S. District Judge Denise Cote has today ruled that Apple conspired to raise the price of e-books. Another trial for damages will follow at a later date, Reuters reports.

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Apple: Steve Jobs Would Roll In His Grave If He Knew How The DoJ Was Twisting His Words

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Yesterday, the Department of Justice published its case against Apple for allegedly conspiring with publishers to raise the price of ebooks. Now, Apple’s responded, calling the DoJ’s case “bizarre” and saying that they are twisting the words of Apple’s late co-founder, Steve Jobs.

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