. Military Space News .




.
TECH SPACE
Apple denies e-book pricing scheme
by Staff Writers
San Francisco (AFP) April 12, 2012


Apple on Thursday denied a charge that it schemed with publishers to hike prices for e-books, portraying itself as a hero for prying Amazon's "monopolistic grip" from the market.

"The DOJ's accusation of collusion against Apple is simple not true," Apple spokesman Tom Neumayr said in an emailed statement a day after a Department of Justice antitrust suit was filed.

"The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry."

The Justice Department sued Apple and five publishing firms Wednesday alleging a conspiracy to raise prices and limit competition for e-books. It immediately announced a partial settlement in the case.

Officials said three of the publishers agreed to end the scheme to force retailers such as Amazon to accept a new pricing plan that ended their ability to offer discounts for electronic books.

Hachette Book Group, HarperCollins and Simon & Schuster reached a settlement but the case will proceed against Apple and the other two -- Macmillan and Penguin Group -- "for conspiring to end e-book retailers' freedom to compete on price," the Justice Department said.

Attorney General Eric Holder said that as a result of the conspiracy, "consumers paid millions of dollars more for some of the most popular titles," and competition was eliminated.

Prior to the introduction of Apple's iPad, online retail giant Amazon sold electronic versions of many new best sellers for $9.99.

After Apple's "agency" model was adopted, the prices rose to $12.99 and higher, the suit said, and price competition among retailers was "unlawfully eliminated."

Sharis Pozen, head of the Justice Department's antitrust division, said the scheme was aimed at ending a discounting effort by Amazon.

She said executives in the conspiracy "knew full well what they were doing. That is, taking steps to make sure the prices consumers paid for e-books were higher."

The move almost instantly raised the prices consumers paid for e-books, she said.

"Just as we've allowed developers to set prices on the App Store, publishers set prices on the iBookstore," Neumayr said.

The suit filed in US District Court in New York said a conspiracy dating back to 2009 involved "schemes to limit Amazon's ability to discount e-books."

Named in the suit with Apple were CBS Corp.'s Simon & Schuster; Hachette Book Group, part of France's Lagardere; the British-based Pearson's Penguin Group; Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck; and News Corp. unit HarperCollins.

Amazon on Wednesday hailed the settlement and said it would mean lower prices for e-books for its Kindle reader.

"This is a big win for Kindle owners, and we look forward to being allowed to lower prices on more Kindle books," said Amazon spokesman Drew Herdener.

But Macmillan chief executive John Sargent said his firm would fight the settlement because "the terms the DOJ demanded were too onerous" and would allow Amazon "to recover the monopoly position it had been building before our switch to the agency model."

The lawsuit comes amid probes on both sides of the Atlantic over the efforts to limit discounting on electronic books, which had been dominated by Amazon until Apple launched its iPad in 2010.

Related Links
Space Technology News - Applications and Research




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TECH SPACE
Tablet use while watching TV surveyed
Cambridge, Mass. (UPI) Apr 12, 2012
Two U.S. reports on people who use their tablet computers while watching television have come up with significantly different figures, analysts say. One report, from Forrester Research, said 85 percent of tablet owners use their tablets while watching television, Slash Gear reported Thursday. Forrester analyst Sarah Rotman Epps, who compiled the report, dubbed the tablets "couch ... read more


TECH SPACE
Russian AA, ABM systems - alternative for India

Russia waiting for S-500 air defense system

Israeli leaders play macabre numbers game

Israel seeks $700M from U.S. for defense

TECH SPACE
Iraq seeks killer missiles, but U.S. wary

Russia, India in hypersonic missile talks

Lockheed Martin Receives THAAD Follow-On Development Contract

Tucson site is largest Raytheon facility to receive a superior rating

TECH SPACE
Indian navy commissions third UAV squadron

Pirates, Beware: US Navy Smart Robocopters Will Spy You in the Crowd

Iran commander denies report of US drone overflights

China increases naval UAV use

TECH SPACE
Fourth Boeing-built WGS Satellite Accepted by USAF

Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

TECH SPACE
Northrop Grumman Achieves Major Milestone in Electronic Warfare Technology

Boeing, US Navy Conduct Networked Distributed Targeting Capability Flight Test on Super Hornet

Northrop Grumman Awarded Contract to Deliver Unattended Ground Systems

Boeing to Upgrade B-1 Navigation System for USAF

TECH SPACE
US to reopen Afghan aircraft bid after cancellation

India unsettled by illegal firearms

Ukraine jails ex-defence minister for 5 years

Boeing secures Embraer strategic arms link

TECH SPACE
China gripped by Bo saga worthy of Hollywood

US wants separate summit with Putin at G8 in May: Moscow

Communist paper urges unity after China scandal

Bo downfall a test for China political system: analysts

TECH SPACE
High-res atomic imaging of specimens in liquid by TEM using graphene liquid cell

Carbon nanotubes can double growth of cell cultures important in industry

Nanoscale magnetic media diagnostics by rippling spin waves

Nanostarfruits are pure gold for research


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement