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Indiana joins price-fixing suit against Apple

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Indiana has joined a multistate lawsuit against Apple Inc. and two publishing companies for price-fixing the cost of electronic books.

The suit alleges that Apple, Macmillan and Penguin Group planned to raise the prices of e-books, violating state and federal antitrust laws. Once Apple joined the e-book market in 2010, the suit claims that the two publishers conspired with Apple to shift their distribution model from retailer outlets like Amazon to a model that would allow publishers to set their prices and sell the books directly to customers. This allowed the publishers to charge more for the e-books, which forced other e-book retail outlets to increase their prices.

The lawsuit claims that e-book customers paid more than $100 million in overcharges that they wouldn’t have paid without the agreements between Apple and Penguin Group and Macmillan.

The suit includes 30 other states, Washington, D.C., and Puerto Rico. The plaintiffs seek damages, restitution, civil penalties and injunctive and equitable relief to prevent the business practice from continuing. The amended complaint will need to be approved by the U.S. District Court in the Southern District of New York.

The U.S. Department of Justice recently filed an antitrust lawsuit against Apple and five book publishers.

 

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  1. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  2. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  3. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

  4. The fee increase would be livable except for the 11% increase in spending at the Disciplinary Commission. The Commission should be focused on true public harm rather than going on witch hunts against lawyers who dare to criticize judges.

  5. Marijuana is safer than alcohol. AT the time the 1937 Marijuana Tax Act was enacted all major pharmaceutical companies in the US sold marijuana products. 11 Presidents of the US have smoked marijuana. Smoking it does not increase the likelihood that you will get lung cancer. There are numerous reports of canabis oil killing many kinds of incurable cancer. (See Rick Simpson's Oil on the internet or facebook).

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