The EC announced yesterday that it has reached an agreement with book publisher Penguin, ending its antitrust probe into the company. As part of the settlement, the New York-based firm has agreed to terminate its iBooks deal with Apple.
Penguin is one of 5 major publishers that allegedly conspired with Apple to lower ebook prices, sparking antitrust investigations in both the US and Europe. But it looks like this resolution will put an end to the European Commission's quest...
Although Apple said Wednesday it would appeal its loss in the Department of Justice's ebook pricing conspiracy case, the consensus among legal eagles is: good luck, but bring your check book. In her ruling yesterday, U.S. District Court Judge Denise Cote described the iBooks maker as the ringleader in a conspiracy to undercut Amazon's choke hold on the market for electronic books.
Apple's loss yesterday means the company faces triple damages. Despite Cote's wishes to assess damages soon, that phase could be delayed for months more as Apple asks an appeals court to overturn the ruling. But reversing the judge is likely an uphill battle as Apple seeks to do some PR damage control...
A court Wednesday found Apple had conspired to increase the prices of e-books, setting a separate trial for damages.
In a 159-page decision, U.S. District Court Judge Denise Cote wrote that "Apple played a central role" in the conspiracy, which the company flatly denied.
The government has charged Apple with working with five publishers together to undercut Amazon's control of the market. In response to the verdict, some watchers opined that the government playing so openly into the hand of a monopolist like Amazon may reduce competition...
Eddy Cue once again took the stand today in Apple's ongoing antitrust case with the Department of Justice. The company's SVP of Internet software and services took the stand on Friday to talk about Steve Jobs' involvement in Apple's iBooks project. And this morning, he offered up a few more details.
Cue spoke more candidly on the witness stand today, providing several interesting tidbits about Jobs' participation in Apple's iBooks launch back in 2010. Apparently, the then-CEO had a big hand in the project, doing everything from designing minor UI details to choosing which book to offer for free...
In a dose of irony that shouldn't be lost on anyone and at a time when Apple's Eddy Cue is being hauled before the U.S. Department of Justice in Manahattan, Apple's Senior Vice President of Internet Software and Services has admitted that Apple co-founder and then CEO Steve Jobs didn't even want to sell e-books in the first place.
Speaking whilst testifying during the ongoing price fixing case yesterday, Cue said that when first approached about the idea of launching iBooks, Steve Jobs was not keen on it, leaving Cue to bide his time before broaching the subject again.
In fact, it was only with the release of the iPad fast approaching that Jobs realized that iBooks may be a good idea after all, and the rest as they say, is history...
Under questioning by U.S. government lawyers, an Apple executive testified that the company owns about 20 percent of the U.S. e-book market - double the figure many observers had assumed.
The surprising percentage was revealed as the head of the company's iBookstore service refuted government charges of conspiracy to set e-book prices.
During the sixth day of testimony in the Department of Justice's lawsuit against Apple, company director Keith Moerer said iBookstore grabbed twenty percent of e-book sales soon after opening, a figure it continues to hold. Additionally, he said iBookstore sales increased 100 percent in 2012 with more than a hundred million customers...
After 3 years of being an iOS-exclusive, Apple is finally bringing its iBooks Store (and app) to the Mac via its new desktop operating system OS X Mavericks—something that [no doubt] millions of iBooks users have been clamoring for for ages.
With the new Mac portal, users will be able to access their full iBook libraries, as well as browse the Store, all from the comfort of their computers. The bigger screen should provide a number of advantages for users—particularly students and teachers...
Yesterday, the Department of Justice (DoJ) publicized its antitrust case against Apple in the form of an 81-page slide deck to prove that the iPhone maker has teamed up with five major U.S. publishers to form a cartel in order to raise prices of digital books. But as Tim Cook said at the D11 conference, Apple is going to fight the "bizarre" case and has no intention to “sign something that says we did something that we didn’t do".
And while the DoJ is arguing the facts, Apple is arguing the law and accusing the government of unfairly twisting Steve Jobs's words pulled from Walter Isaacson’s bio book. Apple’s attorney Orin Snyder denied any conspiracy and argued that “publishers fought us tooth and nail”...
As I reported earlier this morning, Apple today squared off with the United States Department of Justice (DoJ) in a Manhattan courtroom in a "bizzare" case (Tim Cook's words, not mine) that some watchers say will set the rules for Internet commerce. Here's what both sides emphasized in their opening statements, including an upcoming testimony by Apple's Internet services lead Eddy Cue...
As you know, the United States Department of Justice (DoJ) in April 2010 filed an antitrust lawsuit against Apple over allegations that it conspired with five major publishers to raise prices of e-books sold on the iBookstore in order to break Amazon's monopoly. Now, DoJ previously called Apple a facilitator and said email messages from Steve Jobs prove its guilt. U.S. District Judge Denise Cote believes the government will prevail and Reuters reports this morning that Apple is scheduled to square off with the government in a Manhattan courtroom later today.
Apple, of course, maintains its innocence. So, why all the fuss?
Learn how to save a PDF document to Apple's built-in Books app on your iPhone or iPad for safekeeping and easy access across your devices.
Penguin, one of the five named publishers in the Apple e-book price fixing suit, has reached a comprehensive agreement with the United States State Attorneys General and private class plaintiffs to pay a cool $75 million in consumer damages, in addition to costs and fees related to resolving all antitrust claims relating to the e-book price fixing suit...