“Apple quickly responded to a proposed e-book price fixing settlement from the U.S. Department of Justice on Friday, declaring the suggested penalties ‘wildly out of proportion to any adjudicated wrongdoing or potential harm,'” Neil Hughes reports for AppleInsider.
“The company behind the iBookstore lashed out at the proposed injunction as a ‘draconian and punitive intrusion’ into its business, asserting that the penalties imposed would potentially affect Apple’s business relationships with ‘thousands of partners across several markets,'” Hughes reports. “‘Plaintiffs’ overreaching proposal would establish a vague new compliance regime — applicable only to Apple — with intrusive oversight lasting for ten years, going far beyond the legal issues in this case, injuring competition and consumers, and violating basic principles of fairness and due process,’ Apple wrote in a court filing. ‘The resulting cost of this relief — not only in dollars but also lost opportunities for American businesses and consumers — would be vast.'”
Hughes reports, “Apple has already appealed the ruling made by U.S. District Judge Denise Cote.”
Read more in the full article here.
MacDailyNews Take: Denise Cote and Lucy Koh should pool their resources and see if that’ll help them find a clue.
A dozen fused ganglia have to be better than just six apiece, right?
Related articles:
U.S.A. v. Apple: DOJ wants to force Apple to revamp e-book practices – August 2, 2013
U.S.A. v. Apple: Cupertino could get smacked with $500 million bill in ebook case – July 25, 2013
U.S.A. v. Apple verdict could end the book as we know it – July 11, 2013
U.S. DOJ unwittingly causes further consolidation, strengthens Amazon’s domination of ebook industry – July 11, 2013
Where’s the proof that Apple conspired with publishers on ebook pricing? – July 10, 2013
U.S.A. v. Apple ruling could allow U.S. government to monitor, interfere with future Apple negotiations – July 10, 2013
Judge Denise Cote likely wrote most of her U.S.A. v. Apple ebooks case decision before the trial – July 10, 2013
U.S.A. v. Apple: NY judge rules Apple colluded to fix ebook prices, led illegal conspiracy, violated U.S. antitrust laws – July 10, 2013
