The NY Times reported on Friday that Judge Denise L. Cote gave her final approval to the settlement in a hearing in Manhattan. According to the terms of the settlement, Apple will be paying lawyers $50 million, and paying consumers $400 million for its part in conspiring with five major publishers in the 2010 to bring about agency pricing. Continue reading
VG Media, the rights management firm which 200 German publishers had intended to use to collect the fees, announced on Wednesday that they would be granting Google a free license to use the snippets, saying that they were “forced to this extraordinary step, given the overwhelming market power of Google”. Continue reading
PCWorld reported on Thursday that European booksellers are joining the chorus of groups in the UK, US, and Germany which are demanding that Something Must Be Done about Amazon. They are requesting that the European Commission start an investigation into Amazon’s supposed monopoly of online book sales: Continue reading
Late last week the Publishers Association put out a press release, announcing that they were asking the UK Competition and Markets Authority to investigate Amazon. Continue reading
A comment left on my earlier post (thanks, Anne!) about the Canadian ebook market has revealed that, thanks to an appeal filed by Kobo, said market could be stuck in a pricing limbo well into next year. Continue reading
It’s been just over a month since Judge Cote okayed the settlement agreement between Apple and the DOJ over Apple’s role in the 2010 conspiracy to raise and fix ebook prices, and the first legal notices are starting to go out to consumers affected by the settlement.
Amazon sent out an email to Kindle customers early this morning. I got a copy, and it is quoted below. It’s quite long, and if you haven’t been following this topic closely it is worth a read. The letter is a legal notice that details a consumer’s rights under the settlement, as well as how and when consumers might receive a share of the settlement. Continue reading
German publishers suffered a major defeat last week in their campaign to force Google to pay for the use of their snippets.
In addition to filing a copyright complaint which demanded 11% of Google’s revenues, in June 2014 a coalition of German publishers also filed an antitrust complaint against Google. That complaint was rejected last Friday by the Bundeskartellamt, the German Federal Cartel Office, which said in a statement (here, in German) that the German publishers had not offered sufficient basis to justify an investigation.
The antitrust lawsuits brought by 3 ebook retailers took an unexpected turn on Thursday when Judge Denise Cote ordered the 3 plaintiffs to enter into mediation with the Price Fix 6 to settle claims that Apple and 5 US publishers had conspired in 2010 to raise and fix ebook prices.
Judge Denise Cote gave her preliminary approval on Friday for the $450 million settlement of claims that Apple had harmed consumers by conspiring with five US trade publishers to raise and fix the prices of ebooks in the US market. Continue reading