Apple Ebook Price Fixing

Doj targets apple and publishers for e book price fixing by julianne pepitone cnnmoneytech march 9 2012.

Apple ebook price fixing. This clause allowed apple to gain a share of the competitive e books market and helped publishers avoid the unprofitable 9 99 price point that amazon was pushing. Apple has reached a settlement with 33 states over electronic book price fixing that could see the tech giant paying out as much as 400 million. The appeal followed a july 2013 decision by u s.

The antitrust suit stems from apple s role in. Apple is taking its e book price fixing fight to the supreme court. Apple and the publishers agreed on an arrangement in which apple would get a 30 percent commission and publishers were allowed to set the prices for their books a tactic known as agency pricing.

Iphone 12 pixel reviews and. Apple went ahead with a non jury trial last month and today the court ruled that apple had indeed colluded by suggesting that they should all charge prices such as 12 99 and 14 99 in the. With a full appreciation of each other s interests apple and the publisher defendants agreed to work together to eliminate retail price competition in the e book market and raise the price of.

Latest in apple apple s new 599 ipad air is now available for pre order 10 16 20 view. Apple has agreed an out of court settlement in a case in which it was being sued by consumers who overpaid for e books due to price fixing between the tech giant and publishers.