Apple to Be Punished Again for Ebook CartelAdded: Monday, April 21st, 2014
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The company is now facing the price for refusing to admit that it did something wrong: namely, ran an illegal pricing cartel in order to jack up the price of electronic books. Although all of Apple’s co-conspirators have already confessed and paid a reduced fine, the company for some reason cannot give up and admit that what it did was illegal. The problem is that Steve Jobs believed that it was right and his company cannot face the reality where he might have been wrong, even though he’s already dead.
Industry observers point out that things are starting to get worse for the tech giant, as Apple keeps spending a fortune on lawyers who try to fend off lawsuits that are definitely a losing battle.
A few days ago the company lost an attempt to dismiss lawsuits by state attorneys general which accused Apple of conspiring with 5 major publishers to fix ebook prices. The recent ruling of the US District Judge paves the way for attorneys general in 33 states and territories and attorneys for consumers to move forward and pursue hundreds of millions of dollars in damages.
The US District Judge found that the company from 2009 to 2010 conspired with the publishers to increase e-book prices and impede competitors like Amazon. As expected, Apple said it would appeal the ruling.
The states had made an attempt to get an injunction against Apple which called for the appointment of a compliance monitor. However, as the case moved into a damages phase, the company managed to argue that the authorities lacked standing to maintain an action for damages, arguing they hadn’t alleged they had suffered any injury.
The judge pointed out that it was easy to conclude the states had standing to move forward with the case, while the company’s defense seemed to be based on the argument “’cause-Jobs-said-so”. At the moment, the states’ case is being led by attorneys general in Texas and Connecticut, along with attorneys for the plaintiffs, seeking $840 million in damages overall.
It should be noted that all the publishers previously agreed to pay over $166 million to settle related antitrust charges, but Apple keeps denying it has done anything wrong and has no intention to settle.
Posted by: Date:
Monday, April 21st, 2014
|Apple, rotten to the core!|
|Apple's total sales in 2011 were more than the gross domestic product aka GDP of about 160 nations. #SadReality|
|Apple has more than 150 billions dollars on cash to spend. If this legal battle cost "Hundreds of millions", i doubt anybody over there would lose any sleep.|
|Simple solution, don't buy crapple|
|Never had an apple product, never bought into their "Elitist B/S", never will!!|
|posted by (2014-04-21 21:48:09)|
|or just use a simple hack from pastebin to get em free hahaha|
|posted by (2014-04-22 00:24:12)|
|Obama and now NSA was blocked in some ways and still blocked on a matter of for what it is and if nsa under 50% for what can take care now spending for fakes views again all make me Obama articles best ever until now. also, if articles can be blocked and seeing for a day or not yet report it over for being secret can companies punished from state courts? company spend excuse for not be shadows from gov and what happen in side gov's?. casual only... ashamed of me reading sometimes combining what perhaps should not matter.|
|I like how eBooks cost more than actual printed books. And how CD's cost less than iTunes downloads. Apple only gets away with this because consumers allow it and keep sending in their money. Ignorance can be very profitable.|
|So very true, mayb its impossible but if every one stops using Apple- non of the digital handcuff policy they put on you will be possible|
|posted by (2014-04-23 04:19:29)|
|"punished again". It wasn't stated how they were punished in the first place. You ground your kid and send them to their room, but they refuse and don't go to their room. Were they punished? No.|
|posted by (2014-04-23 05:05:57)|
|haha nothing new here you buy an apple product your a mug.||
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