Apple will return $ 400 million to e-book buyers
Apple finally lost the antitrust case in the US Supreme Court on the topic of over-pricing e-books. Now the company will have to return $ 400 million to customers and pay another 20 million to the authorities of 30 states.
Apple will have to pay 450 million dollars to complete an antitrust case in the US Supreme Court. Apple organized a scheme to raise the price of e-books. The judges, without comment, canceled the appeal of the corporation and left without changes the cases that were conducted in 30 US states against the company.
Apple has been working since 2010, when the company introduced the iPad and the iBookstore app. To fight with the main competitor - Amazon - Apple has agreed with five publishers on the transition to the system when the price is set by the right holder, not the seller. Apple faced charges in 2013.
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Of the total, Apple will return 400 million to e-book buyers, another 20 million to state authorities, and 30 million legal fees. On the money received back, users will be able to buy new books.
Important for the court decision were the words of Steve Jobs. Amazon sold bestsellers for $ 9.99. In the iBookstore, the same books cost 14.99. When Jobs was asked why someone should buy books in an Apple app, if he could buy cheaper at Amazon, he replied that the price would be the same.
In June 2015, the European Commission launched an investigation into the business of Amazon e-books, and under a petition to the US Department of Justice, in which Amazon is accused of restricting the sale of books on the site and their locks, 575 writers signed it . Among them - Stephen King.
Apple will have to pay 450 million dollars to complete an antitrust case in the US Supreme Court. Apple organized a scheme to raise the price of e-books. The judges, without comment, canceled the appeal of the corporation and left without changes the cases that were conducted in 30 US states against the company.
Apple has been working since 2010, when the company introduced the iPad and the iBookstore app. To fight with the main competitor - Amazon - Apple has agreed with five publishers on the transition to the system when the price is set by the right holder, not the seller. Apple faced charges in 2013.
')
Of the total, Apple will return 400 million to e-book buyers, another 20 million to state authorities, and 30 million legal fees. On the money received back, users will be able to buy new books.
Important for the court decision were the words of Steve Jobs. Amazon sold bestsellers for $ 9.99. In the iBookstore, the same books cost 14.99. When Jobs was asked why someone should buy books in an Apple app, if he could buy cheaper at Amazon, he replied that the price would be the same.
In June 2015, the European Commission launched an investigation into the business of Amazon e-books, and under a petition to the US Department of Justice, in which Amazon is accused of restricting the sale of books on the site and their locks, 575 writers signed it . Among them - Stephen King.
Source: https://habr.com/ru/post/299118/
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