Tuesday, June 17, 2014

Apple Settles e-Book Antitrust Case - NYTimes.com

Read all about it here

"The publishers - Hachette Book Group, HarperCollins Publishers, Penguin Group (USA) Inc, Macmillan and Simon & Schuster Inc, previously agreed to pay more than $166 million to settle related antitrust charges.

Last July, a federal court found Apple liable for colluding with the publishers after a separate non-jury trial in a case brought by the U.S. Department of Justice.

Judge Cote found that Apple took part in a price-fixing conspiracy to fight online retailer Amazon.com Inc's dominance in the e-book market.

Apple is appealing that decision and Monday's settlement is contingent on the outcome of that appeal."
Apple Settles e-Book Antitrust Case - NYTimes.com
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