A federal court in New York has come down hard on Apple in a closely watched case over ebook pricing. In a ruling issued Tuesday morning, US District Judge Denise Cote ruled that the company "brilliantly" organized a conspiracy to raise prices and thwart competition.
In a 160-page ruling, Cote points to phone calls, emails and the words of Apple founder Steve Jobs to conclude that the company orchestrated an illegal "scheme" in which five major publishers changed their pricing practices. The court said that the prime target of the conspiracy was Amazon, whose Kindle tablet competes with Apple's iPad, and whose pricing practices infuriated publishers.
And everybody, except Amazon, loses in the long run. Even the consumers that the DOJ are allegedly trying to protect.
Hopefully, Apple wins on appeal.
I started ripping DVDs and BR disks mostly to avoid this kind of crap.
I buy the disc and I never put it in the player attached to the TV anymore. I simply put it in my computer, rip it into an mp4 and add it to iTunes and stream it to my Apple TV.
Movie studios need to change their silly money grubbing waste of our time.
It's stuff like this that makes innocents' info in law enforcement databases a bad thing.
People don't need the law's protection from good, honest cops. They need protection from the crooked ones through privacy laws.
If you play games on electronic devices, you must read this!
Does this surprise anybody?
Amazon is a business in it to make money. Kill all competition and then get all the money. Just logical business.
Sucks for competitors and in the long run it will suck for consumers, but it's just business. After all, it's being protected by the U.S. government itself. Yes, anti-trust lawsuit to protect a rising monopoly.
Since when is the sale of 3% of ones holdings in a company newsworthy? If he dumped all his holdings in Apple, or even half the holdings, then maybe it's worthy of mentioning, but 3%? Really?
Who is paying for these negative articles about Apple here on Reuters?
Only somebody who has a vested interest in knocking Apple's stock down would describe Apple's holiday quarter performance as weak. Even the timing of this article smells fishy. 2 Minutes before stock markets open?
Apple's sales rose over last year's holiday quarter, profits rose over last year holiday quarter, guidance rose over last year. By every metric Apple is performing extremely well. And yet, it keeps getting described as 'Weak'!
Stock Market manipulation much?
PS: I posted this comment on the article directly on Reuters site and of course, the moderators dumped it. The article is showing 0 comments
And anything protected by DRM is fundamentally not yours
That makes me hesitant to buy anything with DRM built in. Whether it's Apple, Amazon or any other company.
They 'sell' it to you, but it's not yours. It would be better if they told you so upfront.
I haven't bought any ebooks with DRM, and this makes me double sure to continue this policy.
Intel will argue, rightly, that they’ll always be one technological step ahead of the competition, but is one step enough for x86 chips to beat ARM microprocessors?
My how things change. Intel better get on with the program or they'll be a has been faster than they expect.
While the Intel representatives wouldn't allow us to hold the unannounced device or talk about in-depth specs, we were able to pry out some information.
They didn't touch it!
How exactly is this hands on?