A Federal Appeals Court denied Apple’s request for a stay in a case in which 33 states are seeking damages of up to $800 million from Apple’s alleged eBooks price-fixing scheme, according to reports.
Apple had requested the stay because another appeal is currently underway regarding whether class action status should have been granted to the case. But the Appeals Court said that the pending appeal was not a sufficient reason to delay proceedings.
The states’ case follows the US Department of Justice’s suit against Apple over claims the company and major eBook publishers colluded to fix eBook prices. US District Judge Denise Cote ruled against Apple and ordered an external monitor to oversee Apple’s adherence to antitrust law.
The states are now seeking damages from that alleged price-fixing scheme; Judge Cote is presiding over this case as well.
Full content: Mac Observer
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI