News
 

Bookmark and Share

(1) 

Denise Cote, the U.S. district judge, on Friday said she would appoint a special monitor to review Apple’s antitrust compliance policies. The supervisor is projected to review various deals that Apple makes with copyright owners when it comes to electronic books. At the same time, the judge did not order a broader evaluation of deals that Apple makes regarding music, video and programs that it sells.

Judge Denise Cote ruled in July that Apple was responsible for conspiring with five publishers, including Hachette Book Group, HarperCollins Publishers, Penguin Random House, Simon & Schuster and Macmillan to raise e-book prices above those established by the dominant retailer in the market, Amazon.com, reports Reuters news-agency. In order to avoid similar actions in the future, the judge intends to appoint an external monitor to review Apple’s deals concerning e-book publishing.

“Apple shall not enter into or maintain any agreement with an e-book publisher where such agreement likely will increase, fix, or set the price at which other e-book retailers can acquire or sell e-books,” said Ms. Cote in the order, reports Bloomberg news-agency.

 

Apple’s actions concerning princes of e-books will be under control for five years with possible extensions for another two years. By that time e-books will likely prevail paper books in sales and the market will decide their prices.

”Apple did not conspire to fix e-book pricing. The iBooks gave customers more choice and injected much needed innovation and competition into the market. […] [The iBookstore] gave customers more choice and injected much needed innovation and competition into the market,” said Tom Neumayr, a representative for Apple.

Tags: E-Book, Apple, Mac OS, iOS

Discussion

Comments currently: 1
Discussion started: 09/10/13 12:54:11 PM
Latest comment: 09/10/13 12:54:11 PM

[1-1]

1. 
And we are now paying nearly as much/same price as paperbacks for an e-book

'kin pirates
0 0 [Posted by: alpha0ne  | Date: 09/10/13 12:54:11 PM]
Reply

[1-1]

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month