AfterDawn: Tech news

Apple ebook damages trial scheduled for next May

Written by Andre Yoskowitz (Google+) @ 15 Aug 2013 13:37

Apple ebook damages trial scheduled for next May U.S District Court Judge Denise Cote has tentatively scheduled Apple's antitrust damages trial for May 2014.
Last month, the company was found guilty of conspiring with major book publishers to raise the prices of ebooks sold through the newly launched iBookstore.

Besides the US Department of Justice, 33 U.S. states and territories will also be part of the trial, and Apple's damages could be upwards of $500 million.

Earlier this month, the DOJ proposed a settlement which would have forced Apple to terminate all existing contracts and bar them from new agency model deals for the next five years. Additionally, the ban would be extended to music and video. Apple called the settlement "draconian and punitive."

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