The suits were filed by independent publishers in response to the Second Circuit's earlier ruling that Apple and five publishing companies, all of whom were party to the current suit, had conspired when they simultaneously switched from a wholesale business model to an agency pricing model, but the court agreed that neither company could attribute its demise to the unlawful conspiracy.
July 17, 2017 at 06:05 PM
1 minute read
Major book publishers defeated parallel antitrust appeals Monday, after the U.S. Court of Appeals for the Second Circuit upheld summary judgments in favor of the defendants.
Publishers Simon & Schuster, Penguin Group, HarperCollins Publishers, Apple, DBA Macmillan, Hatchette Book Group, and Holtzbrinck Publishers and its parent company were found to have caused no injury to either Diesel eBooks or BooksOnBoard.
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