Showing posts with label Court of Appeals Second Circuit. Show all posts
Showing posts with label Court of Appeals Second Circuit. Show all posts

Tuesday, June 30, 2015

Apple Loses Ebook Price-fixing Appeal

Just give up. It's not worth it.
Panzer was out in the Catosphere today when he heard a lot of loud teeth gnashing and fist pounding. Following all the noise lead him to the Publishers' Weekly site. There our brave kitty pilot found the latest news on the Apple price-fixing case.

According to a post by Andrew Albanese, the Second Circuit Court of Appeals has upheld Judge Denise Cole's 2013 ruling that Apple did participate in ebook price-fixing. This finding clears the way for Apple to be required to refund $400 million to ebook buyers.

But ... don't hold your breath.

Apple still has the right to appeal to the full Second Circuit Court of Appeals ... and beyond ... up the ladder to the Supreme Court.

Panzer says, "Geez. Just give it up. You humans are spending more money on attorney fees than you'd have to pay ebook buyers and in fines."

Note: This is an e-x-t-r-e-m-e-l-y l-o-n-g post. Bring a h-u-g-e cup of tea.

To read the full post, tootle over to Apple loses appeal

Thursday, December 18, 2014

Apple Says Price-Fixing Is Okay

Trust me. It's for your own good.
When Panzer entered the Catosphere today, the Panzermobile started getting buffeted around. My big strong kitty pilot regained control and discovered it was raucous laughter that was causing all the steering problems. Following the trail of laugh bubbles lead my boy to The New Yorker site.

According to Vauhini Vara, Apple's lawyers' argument before the U.S. Court of Appeals for the Second Circuit is that Apple fixed prices to benefit ebook buyers. Apple (and the big six publishers) felt it was necessary to fix prices and force Amazon to match those prices. In that way Amazon would lose market dominance because of Amazon's low consumer-friendly ebook pricing.

Panzer says, "That's right. All you guys got together and raised your prices. It was for my own good to make me pay more."

To read the full post, tootle over to Apple

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