User Tag List

  1. Akshay Masand's Avatar

    A recently issued order by U.S. District Court Judge Denise Cote notes that all parties must be ready for a damages trial tentatively scheduled for May 2014. For those of you who didnít know, Judge Denise Cote is the person presiding over the Justice Departmentís antitrust case against Appleís e-book pricing policies. She previously found Apple guilty of conspiring with five major U.S. book publishers to raise the price of e-books sold through the iBookstore, an allegation lodged against the company by the Department of Justice.

    At the time of her decision, the jurist didnít set a court date to decide possible damages that could amount to hundreds of millions of dollars. The plaintiffs included not only the DOJ but also 33 U.S. states and territories.

    The recent order, which was originally reported by Reuters, outlines the partiesí upcoming schedule to argue damages against Apple. The plaintiffs are required to identify experts and expert testimony by October 11, 2013, while Apple must do the same by November 15. Expert discovery will conclude by December 13, which is the same day that class certification is due.

    The case has currently been placed on the May 2014 ďtrial readyĒ calendar, meaning by that time, parties must be ready to begin proceedings on 24 hoursí notice. Following the guilty verdict, the DOJ proposed settlement terms that would require Apple to terminate existing contracts and bar any further agency model deals for five years not only in the e-books market but also with other content including music and video. The last provision was seen as overreaching as it would extend the proposalís scope beyond the iBookstore and into the iTunes Store.

    Apple called the measures a ďdraconian and punitive intrusionĒ on its iBookstore business. The five book publishers that were associated with the case: HarperCollins, Hachette, Simon & Schuster, Penguin Group and Macmillan also opposed the DOJís proposal, saying it would hurt them more than Apple. All five of the publishers settled before the trial began. Judge Cote previously proposed a different settlement plan that would stagger Appleís deals with the five book publishers to prevent further price fixing allegations but no further news has come of the ordeal.

    Weíll have to wait and see how things turn out.

    Source: Reuters

    Twitter: @AkshayMasand
    2013-08-15 06:35 AM
  2. bigboyz's Avatar
    Pay them and move on already.
    2013-08-15 03:49 PM