AfterDawn: News

Apple, book publisher price fixing trial set for 2013

This week, a U.S. judge has set the trial date for the price fixing case brought against Apple and the major book publishers by the U.S. government.

U.S. District Judge Denise Cote has set the trial to begin on June 3rd, 2013.



Earlier this year, the Justice Department accused Apple and the five major publishers of colluding to jack up the price of ebooks in 2010 and take market share away from leader Amazon. Apple was launching the first generation of their iPad tablet at the time.

Amazon had been selling new release books for $9.99, but the complaints claims the publishers, at the behest of Apple, colluded to "create a real mainstream e-books market at $12.99 and $14.99."

HarperCollins, Simon & Schuster and Hachette each settled to avoid court, but Apple, Penguin and Pearson are fighting the charges.

Written by: Andre Yoskowitz @ 23 Jun 2012 17:42

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• 1 comment

• LordRuss

  I can't believe they're all selling books for $15... they're smoking crack. I swear I'm back in college awaiting the shaft for texts again. It's the whole "and CD prices will be the same as album prices in JUST a few months as people climb on board" BS sales pitch, when in fact prices up & doubled. And that was in the last few years.
  
  I 'get' the technical manuals. That's all research & discovery, it's understandable. But "Buffy & Jody do the Hot Sloppy" for the same price? Give me a f*king break... They don't even get their pants off! [for the record, I made the book up - don't go looking for it - I'm being sarcastic & making a point, albeit sarcastic with artistic license]
  
  If the DoJ should be looking into price fixing it should be whatever 'this' trend of idiotic behavior is.
  

  http://onlyinrussellsworld.blogspot.com

  24.6.2012 11:09 #1