Apple e-book Price Fixing Trail Decided For 2013News — By Naveen Vaidhya on June 24, 2012 at 6:37 am
Denise Cote the U.S District Court Judge of Southern District of New York claimed that Apple and 2 publishers will face a United States anti-trust lawsuit in bench trial on 3rd June 2012, which will resolve whether the firms steeped to fix e-book costs before the iPad was released in 2010.
The United States Government 1st leveled its anti-trust suit opposite Apple and 2 publishing houses in early April following a Department of Justice investigation in the matter. Apple cancels the accusation and goes more, telling that it broke up Amazon’s reputed e-book monopoly. Amazon is and was the prevailing leader in e-book market thanking in part to the firm’s Kindle line of eReaders.
Battling alongside Apple are Macmillas, a Verlagsgruppe Georg von Holtzbrinck GmbH unit, and the Pearson-holded Penguin group. The actual United States complaint titled 5 publishers, however News Corp’s HarperCOllins Publishers Inc., Lagardere SCA subsidiary Hachette Book Group, and CBS Corp’s Simon & Schuster Inc. all settled out of court.