appeals court affirms ebook ruling against apple
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Appeals court affirms e-book ruling against Apple

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Appeals court affirms e-book ruling against Apple

A US appeals court upheld
New York - AFP

A US appeals court on Tuesday upheld a 2013 ruling that Apple led an illegal conspiracy to fix prices of e-books in violation of anti-trust laws.

The 2-1 ruling by a panel of the US Court of Appeals affirmed the finding that Apple spearheaded a collective effort by publishers to end price competition for e-books.

"By organizing a price-fixing conspiracy, Apple found an easy path to opening its iBookstore, but it did so by ensuring that market-wide e-book prices would rise to a level that it, and the publisher defendants, had jointly agreed upon," Judge Debra Ann Livingston wrote in the ruling.

"Plainly, competition is not served by permitting a market entrant to eliminate price competition as a condition of entry, and it is cold comfort to consumers that they gained a new e-book retailer at the expense of passing control over all e-book prices to a cartel of book publishers -- publishers who, with Apple's help, collectively agreed on a new pricing model precisely to raise the price of e-books and thus protect their profit margins and their very existence in the marketplace."

New York federal Judge Denise Cote found Apple guilty in July 2013 of a price-fixing conspiracy over the period in late 2009 and early 2010, during which Apple negotiated contracts with publishers ahead of its iPad launch.

Apple agreed to pay some $450 million in compensation in the case, contingent on its appeal.

The US Justice Department sued Apple and major publishers alleging the price-fixing scheme was aimed at ending a discounting effort by Amazon. The move almost instantly raised the prices consumers paid for e-books to $12.99, $14.99 or higher, according to the US complaint.

Apple argued unsuccessfully that it brought fresh competition to an e-book market dominated by online giant Amazon.

But in a dissenting opinion on Tuesday, Judge Dennis Jacobs said Apple was correct.

"Apple's conduct, assessed under the rule of reason on the horizontal plane of retail competition, was unambiguously and overwhelmingly pro-competitive," Jacobs wrote.

"Apple was a major potential competitor in a market dominated by a 90 percent (Amazon) monopoly, and was justifiably unwilling to enter a market on terms that would assure a loss on sales or exact a toll on its reputation."

In a statement emailed to AFP,  Apple said it was "disappointed" with the ruling.

"Apple did not conspire to fix e-book pricing and this ruling does nothing to change the facts," the statement said.

"While we want to put this behind us, the case is about principles and values. We know we did nothing wrong back in 2010 and are assessing next steps."

 

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

appeals court affirms ebook ruling against apple appeals court affirms ebook ruling against apple

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

appeals court affirms ebook ruling against apple appeals court affirms ebook ruling against apple

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 09:46 2013 Saturday ,16 March

Sudan Justice Party calls for dialogue

GMT 12:58 2017 Wednesday ,19 April

Algerian author launches a new initiative

GMT 16:26 2013 Monday ,14 October

8 comfort foods that burn fat

GMT 12:15 2018 Wednesday ,03 January

Wenger promises Sanchez, Ozil would be replaced

GMT 03:10 2017 Sunday ,23 April

Syria evacuees on move again after 48-hour delay

GMT 21:42 2017 Friday ,03 November

Al Naqash aspires to win final

GMT 14:05 2017 Saturday ,09 December

Germany's SPD agrees to open govt talks

GMT 07:51 2013 Wednesday ,03 April

Seoul shares down 0.15%

GMT 18:24 2011 Thursday ,21 April

Real Madrid defeated Barcelona 1-0 by Ronaldo heads

GMT 16:19 2012 Monday ,06 August

Karam Gaber guaranteed silver medal
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday