Tuesday, March 8, 2016

Supreme Court Rejects Apple's Appeal - PW (Publishers' Weekly)

Panzer was out tootling around in the Catosphere today, when the Panzermobile was buffeted by a huge gust of wind. Going in the direction the wind had come from, took our brave kitty boy to the Publishers' Weekly site. It took no digging at all to find a post about the results of Apple's petition to United States Supreme Court.

Panzer discovered the buffeting wind that hit the Panzermobile had actually been a collective sigh of relief. Our kitty boy told you back in January that Apple had appealed their conviction of ebook price-fixing to the U.S. Supreme Court. According to a post by Andrew Albanese, the Supreme Court rejected Apple's appeal, finally bringing the case to a close. This means Apple will now be responsible for paying $400 million in refunds to ebook buyers.

Okay. Clean up your mess now.
The case has stretched on since beginning in 2011, when Apple was first accused of ebook price-fixing. Since being found guilty of price-fixing in 2013, Apple has used every means their attorneys could come up with to avoid the court financial settlement. Now, in addition to the refund to ebook buyers Apple also will pay $50 million in legal costs to their attorneys.

Panzer says, "Hmm ... If you humans would have listen to this little kitty and paid the money to the ebook buyers three years ago, you could have saved most of those attorney fees."

Note: This is a long post with links to other posts included in it. You'll need a thermos of tea and six muffins for your reading. If you want to read Panzer's post from January too, add two more muffins.

To read the post about the Supreme Court decision, tootle over to Apple appeal

To read Panzer's post about Apple's appeal, tootle over to Apple Supreme Court appeal


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