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[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 144,333
![]() | ![]() Not that we were expecting Apple and Macmillan to simply fess up and say, "you're right, totally tried to circumvent the free market," but both companies have come out swinging pretty hard against the allegations of price fixing. Apple has rejected the charges, calling them "simply not true." A company spokesman, Tom Neumayr, went so far as to tell Reuters that Cupertino was actually fostering competition by "breaking Amazon's monopolistic grip on the publishing industry." John Sargent, the CEO of Macmillan, defended his company's behavior in blog post, saying the publisher had done nothing illegal and that the concessions sought by the DOJ in settlement negotiations were "too onerous." It looks like the next step for both is to face off with the US government in court -- a daunting task, no matter how large your war chest. http://www.engadget.com/2012/04/13/a...mply-not-true/ |
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Thread | Thread Starter | Forum | Replies | Last Post |
AUO to contest price-fixing guilty verdict | Stefan Mileschin | WebNews | 0 | 15th March 2012 07:05 |
LCD Makers Settle Price-Fixing Case | Stefan Mileschin | WebNews | 0 | 29th December 2011 10:00 |
LCD Makers To Pay $388M in Price Fixing Suit | Stefan Mileschin | WebNews | 0 | 9th December 2011 07:18 |
Judge backs action against Nvidia and AMD on price fixing | jmke | WebNews | 0 | 16th July 2008 09:16 |
Intel responds to EU antitrust charges | jmke | WebNews | 0 | 8th January 2008 15:16 |
Intel Responds to EU Charges | jmke | WebNews | 0 | 28th July 2007 09:48 |
Elpida Guilty of DRAM Price Fixing | jmke | WebNews | 1 | 31st January 2006 17:27 |
Samsung to pay $300 million for price fixing | Sidney | WebNews | 0 | 14th October 2005 06:15 |
Infineon admits to DRAM price fixing | jmke | WebNews | 10 | 16th September 2004 23:58 |
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