New E-book Antitrust Claims, from BooksOnBoard and the Diesel Books Successor

Discussion in 'Apple, Inc and Tech Industry' started by macUser2007, Mar 28, 2014.

  1. macUser2007 macrumors 65832

    May 30, 2007
    Publishers Weekly obviously has a strong slant reporting this story, but it is a remainder that smaller sellers were badly hurt by the apple instigated conspiracy.

    But ultimately, it is consumers who will keep paying the (higher) price.

    Apple, Publishers Battle New E-book Antitrust Claims

  2. macUser2007 thread starter macrumors 65832

    May 30, 2007
    And here is more:

    U.S. judge OKs class action status in e-book suit against Apple

  3. bobenhaus, Mar 29, 2014
    Last edited: Mar 29, 2014

    bobenhaus macrumors 6502a

    Mar 2, 2011
    US Judge Gives Ok to class action lawsuit against Apple ebook

    U.S. District Judge Denise Cote this week granted class certification in an e-book suit against Apple. A group of consumers seeking more than $800 million in damages have sued Apple for conspiring with publishers to fix e-book prices. Apple earlier contended that some plaintiffs were not harmed, or their claims were otherwise too different from each other. But Judge Cote ruled that the plaintiffs had “more than met their burden,” and allowed them to sue as a group, Reuters reported.

    A trial is set to take place in either July or September, and could see Apple pay out millions. Publishers already agreed to settle charges before the trial, while Apple has already been found guilty of price fixing last July. Earlier this year, the Cupertino company was given a temporary reprieve from an external monitor meant to oversee its anti-trust compliance. Apple has filed a formal appeal against last year’s decision, which Reuters said could take months.

    Reuters said thirty-three states and U.S. territories have sued on behalf of their consumers, while individual consumers in other states and territories filed their own class action lawsuit. In addition to Cote’s Friday ruling, the judge denied Apple’s request to exclude the opinions of the plaintiffs’ damages expert. Cote called the case a “paradigmatic antitrust class action.”
  4. macUser2007 thread starter macrumors 65832

    May 30, 2007
    Right, and MacRumors is running a Home Page story "Apple's Arizona Sapphire Plant May See Expansion to Bolster Yields" instead....

    The sad part is that Apple's conspired to cause this huge disruption of the ebook market so that it can sell iPads, and it did. Whatever penalties are levied at the end, it is likely that it would have still been worth it for Apple, as the iBooks store already played its part in pushing iPad sales.

    Mission accomplished, for Apple. Consumers got screwed by less competition and higher prices, and smaller competitors went out of business, with new entrants all but barred.

    It's just the cost of doing business for Big Business (yep, Apple is Big Business), unless there are criminal penalties.
  5. BaldiMac macrumors 604


    Jan 24, 2008
    1) Competition increased after Apple entered the market.

    Before Apple:
    90% Amazon
    10% Other

    After Apple:
    60% Amazon
    20% Apple
    20% Other

    2) As we have discussed before, here is the list of comments submitted to the DOJ as part of the settlement process with the publishers. Note that 789 out of 868 comments were opposed to the DOJ's proposal. Including the Author's Guild and many smaller booksellers.

    Despite your cherry picked examples, many smaller booksellers were actually helped by agency pricing.

    3) No collusion was necessary for publishers to switch smaller booksellers to agency pricing.
  6. question fear macrumors 68020

    question fear

    Apr 10, 2003
    The "Garden" state
    The problem with the "Competition increased when Apple entered the market" argument is that it is wrong. B&N had just released the NOOK a little over an year earlier and it was picking up steam. Kobo was just starting to aggressively get into the hardware markets.

    While Apple entering added a big player, there were already market forces taking share from Amazon, and that would have continued regardless of whether Apple released iBooks or not.
  7. BaldiMac macrumors 604


    Jan 24, 2008
    Source? The numbers that I cited were widely reported. Which do you disagree with?

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