collusion

Apple CEO: We rejected DOJ settlement in e-book suit

As the chief of the last company standing in the upcoming lawsuit over e-book price fixing, Apple CEO Tim Cook said Tuesday that the company never had any plans to settle with the government.

"We're not going to sign something that says we did something that we didn't do, so we're going to fight," Cook said during an interview at the D11 conference on Tuesday.

He noted that Apple rejected a settlement because it was asked to sign a document that said it did something wrong. Cook said he didn't think Apple did anything … Read more

Judge: Evidence shows Apple colluded to fix e-book prices

Pressure seems to be mounting for Apple in the e-book lawsuit brought against it and five publishers by the U.S. Justice Department.

With less than two weeks before the trial is set to start, the judge presiding over the case said Thursday she thinks evidence will establish that Apple indeed colluded with the publishers to fix e-book prices, according to Reuters.

"I believe that the government will be able to show at trial direct evidence that Apple knowingly participated in and facilitated a conspiracy to raise prices of e-books, and that the circumstantial evidence in this case, including … Read more

DOJ: Apple colluded with publishers to raise e-book prices

Apple violated antitrust laws by colluding with book publishers to raise the price of e-books in an effort "to strip retailers of pricing authority," federal prosecutors said in a court filing released Tuesday, according to Bloomberg.

In an antitrust lawsuit filed by the U.S. Department of Justice in April 2012, the government accused Apple and five book publishers of conspiring to illegally fix e-book prices to boost profits and force e-book rival Amazon to abandon its discount pricing. All five of the publishers involved -- Hachette Book Group, HarperCollins Publishers, Simon & Schuster (owned by CBS, which … Read more

Feds demand $1B from LCD maker for price-fixing

The U.S. Department of Justice has reined down hard on a Taiwanese LCD screen maker in court, demanding $1 billion in fines and significant jail time for two former executives.

According to the Associated Press, AU Optronics carried out an extensive price-fixing scheme that feds said was the most significant ever prosecuted in the U.S. During a federal trial in March, the jury found both AU Optronics and two of its executives, Hsuan Bin Chen and Hui Hsiung, guilty of price-fixing.

The original complaints for the case alleged that the company worked to create an international "cartel&… Read more

Report: Tech firms close to settling no-poach case

Some of the largest tech companies are reportedly close to settling allegations that they colluded to keep down wages through no-poaching agreements, according to The Wall Street Journal.

Apple, Adobe Systems, Google, Intel, Intuit, and Pixar are reportedly looking to settle the allegations to avoid a courtroom face-off with the Justice Department. The companies have been trying to persuade the government that nonpoaching agreements are not anticompetitive because they help ensure that employees can work on projects with other firms without fear of being stolen away.

The DOJ asserts that such agreements can hurt employees by limiting their ability to … Read more

Buzz Out Loud 855: The iPhone changes everything

On today's show, Brian Cooley announces that he's made the switch...I mean, the big switch. He bought an iPhone. The world briefly stopped rotating, and when it resumed, we laid down the smack on poor Jerry Yang, the Justice Department, the XM-Sirius merger, and subsequent channel flipping, and some poor guy who thought it was a good idea to call our show. Good times!

Listen now: Download today's podcast EPISODE 855

Yahoo's Jerry Yang to step down, as a search for new CEO commences http://kara.allthingsd.com/20081117/yahoos-jerry-yang-to-step-down-as-a-search-for-new-ceo-commences/ Jerry Yang's entire memo … Read more