Dennis Faas's picture

Apple Denies Steve Jobs Fixed E-Book Prices

Last month the United States Department of Justice (DoJ) announced it was suing Apple and major publishers like Penguin and Macmillan for fixing the price of electronic books, or e-books. It has taken some time, but Apple has now responded to that ... suit by denying any involvement in e-book price fixing. In April, the DoJ said that Apple and at least five publishers colluded to increase the price of electronic books, starting in early 2010. The DoJ dated the beginning of this collusion to roughly the same time the Cupertino, California-based technology firm was preparing to launch its now very ... (view more)

Dennis Faas's picture

LCD HDTV Makers Face $388M Fine for Price Fixing

Some major television manufacturers have been forced to pay a fine of $388 million for their actions in driving up the price of LCD (liquid crystal display) televisions. There's a good chance a TV in your home right now (or at one time) can be ... counted among the devices sold at inflated prices. According to Bloomberg, Sharp and Samsung paid $105 million and $82.7 million, respectively, for allegedly fixing the prices of LCD TVs sold over a seven-year period from 1999 and 2006. Chimei Innolux, which is Taiwan's largest manufacturer of display panels, also paid about $78 million as part of a ... (view more)

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