Articles about price fixing

Steve Jobs with OS X interface designers in 2001 shortly before the beta release

Dead Steve Jobs is still a crook – and Apple must cough up $450m for over-pricing ebooks

Apple's long and stubborn efforts to avoid the sting of ebook price-fixing probe and an accompanying $450m fine have finally ended: the US Supreme Court has decided not to hear the iTunes giant's appeal. The Cupertino titan lost its case back in 2013 after it was found guilty of conspiring with publishers Macmillan, Hachette, …
Graph of US dollar going up CC 2.0 https://www.flickr.com/photos/68751915@N05/ 401kcalculator.org.

LCD price fixing settlement helps sweeten Tech Data's bottom line

A $35m settlement from LCD vendors over price fixing coupled with some general belt tightening on operating costs helped Tech Data bank a double digit profit bounce in Q4 of fiscal ’16. The world’s second largest tech distributor reported sales of $7.48bn for the three months ended 31 January, up two per cent year-on-year. In …
Paul Kunert, 4 Mar 2016
TVs by Holly at Flickr, CC 2.0 license

US court agrees $563m settlement over CRT anti-trust allegations

A $563m (£372m) settlement has been agreed over alleged price fixing by large TV and computer screen manufactures, including Philips, Pansaonic, Hitachi, Toshiba and Samsung SDI. The lawsuit claims that the defendants fixed the prices of cathode ray tubes (CRTs) from March 1, 1995 to November 25, 2007, which resulted in …
Kat Hall, 2 Jun 2015
iPad iBooks app

Top Apple exec: 'I knew [ebook] prices were going to go up – hell, the whole world knew'

The head of Apple's software and services has hit out at a court ruling against the iTunes giant in a lawsuit over ebook price-fixing. Speaking in an interview with Fortune, senior vice-president Eddy Cue said Apple will fight to overturn its conviction for conspiring with publishers to inflate the price of digital titles. …
Shaun Nichols, 3 Dec 2014
iBooks example

Apple ebook price-fix settlement: Readers get $400m, lawyers $50m

Details have emerged of Apple's out-of-court settlement with 33 US states that had accused the company of hiking up ebook prices. US attorneys general revealed today that the iPad maker is on the hook to pay out $400m to readers. Lawyers will walk away with as much as $50m on top of that. The conditional settlement will only …
Shaun Nichols, 16 Jul 2014
iPad Mini 2013 and iPad 4

Apple's STILL trying to shake off court-imposed antitrust monitor

Apple hasn't given up the fight to get its court-appointed antitrust monitor thrown out as it takes its case to the US Appeals Court. The fruity firm has been trying to persuade the courts to put off the monitor's appointment until it has appealed against the guilty verdict imposed on it last year for conspiring to fix ebook …

Apple badmouthing of court's monitor proves it NEEDS him - judge

Apple's objections to its court-appointed antitrust monitor show exactly why the fruity firm needs an outsider keeping watch on its competition practices, the judge in the case has said. US District Judge Denise Cote released a full opinion on why Apple needs the monitor after deciding on Tuesday to reject the company's bid to …

HP fires sue-ray at makers of Blu-Ray

HP is seeking damages from the optical drive industry, filing antitrust complaints against pretty much the whole of the supply side of the industry. A similar complaint was filed earlier this year by Dell. Both cases ultimately stem from Department of Justice investigations which ended with the Hitachi-LG Data Storage (HLDSI …

Ebook judge: Guilty Apple must hire anti-antitrust watchdog to probe itself

Apple won't have to restrict contracts with suppliers of movies, music and TV shows to iTunes in its ebook price-fixing injunction, a US judge said yesterday. District Judge Denise Cote said in a court hearing that the final order on Apple, after the company was found guilty of conspiring with publishers to set the price of …
The Register breaking news

Apple: ebook price fixing? Nooo, nothing to do with us, no siree

Apple has told a US court it certainly wasn't involved in any conspiracy to rig the prices of ebooks. The fruity firm said that it was neither involved in nor knew of any meetings or conversations between the publishing houses that "allegedly formed the basis of the purported conspiracy". "Apple did not conspire to fix e-book …
Suitcase bulging with cash

Sharp bungs Dell and pals $198m to silence TFT price-fix spat

Sharp has agreed to fork out $198.5m to make the TFT monitor price-fixing lawsuits go away. The Japanese firm announced it had settled with Dell and two unnamed companies out of court, and will slap the nine-figure payout into its next quarterly report as "extraordinary expenses". It is understood the legal action was …
Suitcase bulging with cash

Tosh handed $87 MILLION fine in LCD price fixing case

Japanese electronics giant Toshiba has come out fighting after becoming the latest big name to be found guilty of a widespread price-fixing racket relating to liquid crystal display (LCD) panels sold in the US. The company has now been ordered by a northern California court to pay $87m in damages – $70m to consumers who bought …
The Register breaking news

Ebook price-fix trial showdown? Bring it on, say Apple and pals

Apple wants to go to trial in the US over allegations of price-fixing in the ebook market, the company's lawyer said yesterday, but it may end up settling with the EU. The fruity firm and fellow defendants Penguin and Macmillan were in court yesterday for the first hearing in the US government-led case against them. According …
The Register breaking news

Samsung and LG hit with MASSIVE price fixing fine

South Korean regulator the Fair Trade Commission (FTC) has slapped a 45.3bn won (£25.5m) fine on mobile phone operators and handset makers in the country including Samsung and LG after finding them guilty of price fixing and consumer fraud. The Yonhap news agency reported that handset giants Samsung Electronics Co and LG along …
Phil Muncaster, 16 Mar 2012

AU Optronics convicted of price-fixing

Federal jurors in San Francisco have written the latest chapter in the ongoing AU Optronics LCD price-fixing case, delivering a guilty verdict on the company and two of its executives. The Taiwanese company, its US subsidiary, and executives Hsuan Bin Chen and Hui Hsiung were found guilty of violating US anti-trust laws. …
The Register breaking news

LCD cartel case claims seven more scalps

Seven LCD screen makers have joined together to offer $US553 million to settle charges that the screen industry has acted as a price-fixing cartel. The case has dragged on since 2006, when authorities in Japan, Korea, the EU and the USA first began investigating the LCD industry for anti-competitive conduct. So far, Reuters …
vulture tv reporter

Parallel import argument turns toxic in Oz

Vendors vs consumers With retailers in Australia getting shafted by vendors and consumers alike, it’s hardly surprising that the "Iron Curtain" of channel control is starting to fall. With it, price discrimination – the “hell, Aussies will pay anything” thinking that’s set prices for imported goods since time immemorial – is also breaking down, …
channel

Tech Data sues LCD panel makers over price-fixing

Tech Data is suing several LCD panel makers, alleging that they formed an international cartel to fix prices over at least a decade. The IT distie giant claims from the start of 1996 to the end of 2006 the manufacturers conspired to "fix, raise, stabilise and maintain prices" in a lawsuit filed with the federal court in Tampa …
Paul Kunert, 2 Nov 2011

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