price-fixing

Apple and five big publishers are still on the hook to battle allegations of price fixing after a U.S. district court judge rejected their bid to dismiss a consumer lawsuit accusing them of colluding to maintain artificially high e-book prices.

Last month, the U.S. Department of Justice announced settlements with three publishers: Simon & Schuster, Hachette Book Group, and Harper Collins. Apple, Macmillan, and Penguin intend to fight the allegations in court. (Disclosure: Simon & Schuster is owned by CNET's parent company, CBS.)

Filed in the U.S. District Court for the Southern District of New York, … Read more

According to the Montreal Gazette, a local lawyer has seized an opportunity to sue Apple on behalf of any Canadian citizen who has purchased an e-book over the last two years, piggybacking on the U.S. Department of Justice's recent lawsuit (video), claiming Apple and its publishing partners colluded to fix the prices of e-books and drive down competition.

The Canadian class action suit was filed in February in Quebec Superior Court by Montreal lawyer Norman Painchaud, asserting that Apple (in tandem with its publishing partners) had conspired to raise prices of e-books from the $9.99 previously commonly … Read more

Alongside a federal lawsuit aimed at Apple and book publishers for allegedly colluding to fix e-book prices, 16 state attorneys general in the U.S. today filed a lawsuit against three publishers and Apple.

The complaint, which was filed in the District Court for the Western District of Texas, takes aim at the Penguin Group, Simon & Schuster, Macmillan, and Apple, and claims that the four companies worked together to raise prices on e-books, resulting in e-book buyers overpaying by some $100 million. (Disclosure: Simon & Schuster is owned by CBS, which also owns CNET.)

Unlike the federal suit on … Read more

In 2010, Apple enabled some of the top book publishers to set their own prices for electronic books they made available on the iPad.

Since then, prices that consumers pay for e-books have risen and Amazon and other online book sellers that discount have been under pressure. The government said today in an antitrust complaint filed in New York, that the arrangement Apple struck with publishers Hachette, HarperCollins, Macmillan, Penguin, and Simon & Schuster was an attempt to control prices and violated the law.

The case could hurt Apple's position in the e-book market, a sector that is growing … Read more

The U.S. Department of Justice may file an antitrust lawsuit against Apple for alleged e-book price fixing as early as tomorrow, according to Reuters.

Apple had reportedly been in talks with federal regulators but had failed to come to an agreement to settle their concerns. Along with Apple, five book publishers are also reportedly under investigation for alleged price fixing: HarperCollins Publishers, Hachette Book Group, Macmillan Publishers, Penguin Group, and Simon & Schuster. (CBS owns Simon & Schuster and CBS Interactive, which publishes CNET News.)

Apple representatives did not immediately respond to a request for comment. The Justice Department … Read more

Apple is fighting back against allegations that it has been involved in e-book price fixing to counter Amazon's dominance in that space.

In a court filing obtained by PaidContent yesterday, Apple argues that any claim that it views Amazon and the Kindle e-book store as a threat is nonsense.

Here's what Apple had to say in the court filing:

"Nor does this 'Kindle theory' make sense on its own terms. For example, if Amazon was a 'threat' that needed to be squelched by means of an illegal conspiracy, why would Apple offer Amazon's Kindle app on … Read more

If you bought a laptop, computer monitor, or television with a flat-panel LCD display between 1999 and 2006, and you live in one of the affected states, you could be eligible for a damages payment under a half-billion-dollar settlement of a class-action lawsuit involving price-fixing.

The California attorney general's office issued a statement this week urging residents of the state to visit a new class-action Web site--lcdclass.com--for information on how to file a claim.

In October 2010, California's attorney general filed a lawsuit against 10 companies, including Samsung, Hitachi, and Sharp, that alleged the companies &… Read more

Seven LCD manufacturer including Samsung and Sharp this month agreed to pay $553 million to settle lawsuits that claimed the companies were colluding with one another to fix the prices of their panels for use in consumer electronics.

Legal documents filed last week, and picked up by Reuters, show that the collected fines total $553 million between the companies involved, and that said companies will be setting up antitrust compliance programs as part of the deal. Of that sum, about $501 million is going towards a refund program for consumers, and about $37 million is being doled out to governments … Read more

South Korea's antitrust watchdog has fined six LCD makers $176 million for conspiring to artificially inflate prices for flat-screen monitors.

Samsung Electronics and LG Display were among the companies that colluded from 2001 to 2006 to control the prices of panels for TVs and personal computers, the Fair Trade Commission said. The cartel, which also includes AU Optronics, Chimei Innolux, Chunghwa Picture Tubes, and HannStar Display, held 200 secret meetings to discuss cutting or suspending production to prevent prices from declining, the FTC said.

"They colluded on minimum prices of panels, pricing policies on each product type, timing … Read more