On Friday, the federal government filed a revised proposed remedy in the e-books case for Apple, following a hearing with a judge and Apple Inc (NASDAQ:AAPL) counsel earlier this month. In July, Apple was found blameworthy of conniving with publishers to set ebook prices. Apple has undertaken to appeal.
In the revised remedy, the U.S department of justice (DOJ) has probed the criticism of Apple’s in-app purchasing policy more deeply, which is claimed to be changed in 2011 by Apple that’s to retaliate in opposition to Amazon.com Inc (NASDAQ:AMZN) for competitive demeanor that Apple has not approved. As in 2011, Apple changed the rules for in-app purchase by requiring that any content sold through apps must also be sold through the iTunes Store, and publishers and retailers were forbidden from sending users to websites exterior to their apps for making purchases. Consequently, Amazon detached the Kindle Store from its app, as did retailers like Kobo and Barnes & Noble.
These rules were practiced for all types of digital content with newspapers and magazines, not just ebooks. However, the DOJ argued that they were applied to make it more intricate for consumers using Apple devices to evaluate ebook prices among different retailers and for the purchase of e-books y consumers from other retailers on Apple’s devices.
Earlier this month, at the hearing, the DOJ argued that Apple Inc altered the realistic circumstances adjoining this matter, including how the App Store has operated and operates. It is not accurate that Apple gets a 30 percent commission from all retailers for all goods sold through apps. It uses the examples of physical books at Amazon and shoes at Zappos, so apparently arguing that Apple must treat digital and physical goods in the similar way. The DOJ has used most of the filing to clarify that why it believes its original proposed punishment was right. In one concession, it approved that the injunction could last for five years, rather than ten it originally proposed. The DOJ also required Apple to talk with publishers at staggered times, instead of all at once. Apple Inc. (NASDAQ:AAPL) shares on Friday closed at $501.02 by slipping -0.39% with traded volume of 7.95 million shares.
In the revised remedy, the U.S department of justice (DOJ) has probed the criticism of Apple’s in-app purchasing policy more deeply, which is claimed to be changed in 2011 by Apple that’s to retaliate in opposition to Amazon.com Inc (NASDAQ:AMZN) for competitive demeanor that Apple has not approved. As in 2011, Apple changed the rules for in-app purchase by requiring that any content sold through apps must also be sold through the iTunes Store, and publishers and retailers were forbidden from sending users to websites exterior to their apps for making purchases. Consequently, Amazon detached the Kindle Store from its app, as did retailers like Kobo and Barnes & Noble.
These rules were practiced for all types of digital content with newspapers and magazines, not just ebooks. However, the DOJ argued that they were applied to make it more intricate for consumers using Apple devices to evaluate ebook prices among different retailers and for the purchase of e-books y consumers from other retailers on Apple’s devices.
Earlier this month, at the hearing, the DOJ argued that Apple Inc altered the realistic circumstances adjoining this matter, including how the App Store has operated and operates. It is not accurate that Apple gets a 30 percent commission from all retailers for all goods sold through apps. It uses the examples of physical books at Amazon and shoes at Zappos, so apparently arguing that Apple must treat digital and physical goods in the similar way. The DOJ has used most of the filing to clarify that why it believes its original proposed punishment was right. In one concession, it approved that the injunction could last for five years, rather than ten it originally proposed. The DOJ also required Apple to talk with publishers at staggered times, instead of all at once. Apple Inc. (NASDAQ:AAPL) shares on Friday closed at $501.02 by slipping -0.39% with traded volume of 7.95 million shares.