ahlam1399
03-07-2016, 07:34 PM
http://cdn.macrumors.com/article-new/2014/06/ibooks-icon.pngApple will have to pay a $450 million settlement (http://www.macrumors.com/2014/07/16/apple-ebook-price-fixing/) in the protracted e-books antitrust case, which saw the company found guilty of conspiring with publishers to inflate the prices of e-books back in 2014 (via Bloomberg (http://www.bloomberg.com/politics/articles/2016-03-07/apple-rejected-by-u-s-high-court-in-450-million-e-book-case)).
In October, Apple submitted an appeal (http://www.macrumors.com/2015/10/29/apple-supreme-court-petition-ebook-antitrust-case/) to overturn the guilty ruling, but today the United States Supreme Court declined to question the verdict, meaning Apple must **w comply with that 2014 settlement.
Specifically, the amount will be broken down to have $400 million paid out to e-book customers, $20 million to the states, and $30 million in the form of legal fees. The case saw Apple fighting an accusation that in 2010 it colluded with five publishers -- HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin -- to fix the prices of e-books in order to become a dominant presence in a market overshadowed by companies like Amazon.
Apple has maintained its in**cence throughout the initial trial and subsequent appeals, arguing that its deals helped introduce a healthy degree of competition to a market that had been bordering on a mo**poly controlled by Amazon. A group of authors (http://www.macrumors.com/2015/12/03/authors-believe-apples-entry/) submitted an amicus brief supporting such a statement back in December.
At the Supreme Court, Apple argued that its actions enhanced competition by providing consumers with a new e-book platform. The company said overall e-book prices have fallen in the years since the introduction of iBookstore.
?Following Apple?s entry, output increased, overall prices decreased, and a major new retailer began to compete in a market formerly dominated by a single firm,? the company said in its appeal. On the publisher side, the five in question have already signed a $166 million settlement deal with the states and consumers, which have trickled down to customers in the form of refunds (http://www.macrumors.com/2014/03/25/amazon-e-book-publisher-settlement/).
Tags: lawsuit (http://www.macrumors.com/roundup/lawsuit/), antitrust (http://www.macrumors.com/roundup/antitrust/), e-books (http://www.macrumors.com/roundup/e-books/)
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أكثر... (http://www.macrumors.com/2016/03/07/apple-to-pay-450-million-e-book-settlement/)
In October, Apple submitted an appeal (http://www.macrumors.com/2015/10/29/apple-supreme-court-petition-ebook-antitrust-case/) to overturn the guilty ruling, but today the United States Supreme Court declined to question the verdict, meaning Apple must **w comply with that 2014 settlement.
Specifically, the amount will be broken down to have $400 million paid out to e-book customers, $20 million to the states, and $30 million in the form of legal fees. The case saw Apple fighting an accusation that in 2010 it colluded with five publishers -- HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin -- to fix the prices of e-books in order to become a dominant presence in a market overshadowed by companies like Amazon.
Apple has maintained its in**cence throughout the initial trial and subsequent appeals, arguing that its deals helped introduce a healthy degree of competition to a market that had been bordering on a mo**poly controlled by Amazon. A group of authors (http://www.macrumors.com/2015/12/03/authors-believe-apples-entry/) submitted an amicus brief supporting such a statement back in December.
At the Supreme Court, Apple argued that its actions enhanced competition by providing consumers with a new e-book platform. The company said overall e-book prices have fallen in the years since the introduction of iBookstore.
?Following Apple?s entry, output increased, overall prices decreased, and a major new retailer began to compete in a market formerly dominated by a single firm,? the company said in its appeal. On the publisher side, the five in question have already signed a $166 million settlement deal with the states and consumers, which have trickled down to customers in the form of refunds (http://www.macrumors.com/2014/03/25/amazon-e-book-publisher-settlement/).
Tags: lawsuit (http://www.macrumors.com/roundup/lawsuit/), antitrust (http://www.macrumors.com/roundup/antitrust/), e-books (http://www.macrumors.com/roundup/e-books/)
Discuss this article (http://forums.macrumors.com/threads/apple-to-pay-450-million-e-book-settlement.1960032/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=IkpZf2G_M_U:axjKylh3D-M:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=IkpZf2G_M_U:axjKylh3D-M:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/IkpZf2G_M_U
أكثر... (http://www.macrumors.com/2016/03/07/apple-to-pay-450-million-e-book-settlement/)