Tuesday, June 21, 2016

Case against monopoly Apple will provide eBook users award of USD 400 million

The evening of June 21, foreign media reported that Apple will provide eBook users lose money, up to $ 400 million. Moschino new iPad case Moschino iPad 4 case

Moschino new iPad case

Early in 2010, when Apple entered the e-book market with a number of publishers have signed pricing agreements, to compete with rival Amazon. But in 2012, the United States Department of Justice sued Apple and Hachette Book Group, HarperCollins Publishers, Macmillan, Penguin Group and Simon &Schuster the five publishers, accuse each other of collusion to manipulate prices, brought losses to consumers. United States Department of Justice believes that Apple had sold only $ 9.9 eBooks up to $ 12.99 is disruptive behavior.

Four years later, the appeal has been rejected many times, Apple finally compensated for this lost, it is understood that Apple finally the total payment amount of US $ 400 million, $ 400 million of which will be paid to the e-book consumers, $ 30 million for legal fees, and another $ 20 million related to the case of the 33 States, and not only that, five publishers to work with Apple to pay $ 166 million.

Users will buy the New York Times won 6.93 dollars in compensation, compensation for other books US $ 1.57.

No comments:

Post a Comment