…The case dates back to April 2012, when the DOJ sued Apple and five publishers – Macmillan, Penguin, Hachette, HarperCollins, and Simon & Schuster – over an alleged “illegal conspiracy” involving e-book price fixing. The publishers settled with the government, but Apple fought back and the case went to court in June. A New York district judge later found that Cupertino is guilty of e-book price fixing…
The Justice Department on Friday released a revised proposal for how it believes Apple should be punished for an e-book price-fixing scheme.
The DOJ said it would allow a five-year injunction rather than a 10-year term, as well as staggered negotiations with book publishers. But it declined to back off requests regarding an external auditor and the ability to purchase e-books from rivals like Amazon within the iOS ecosystem.
“As we have said all along, the purpose of the remedy is to fix the competitive problems, restore competition to the marketplace and to prevent the illegal behavior from continuing in the future,” the DOJ said in a statement. “We have revised the proposed remedy taking into account the court’s comments and this fast changing industry.”…
InstaNavigation Insights: Maximizing Your Instagram Story Viewer Reach
In today’s digital age, social media platforms have become indispensable tools for businesses and individuals alike to connect with their audience. Among these platforms, Instagram stands out as one of the most influential and engaging Read more…
1 Comment
VIDEO: How Does Apple Use Its Monopoly To Take Over Markets? – Partisan Issues · May 10, 2021 at 12:45 pm
[…] Apple has yet to learn that lesson and many credible people are making just that claim. In simple terms the argument against Apple goes like this: […]