A US appeals court on Tuesday upheld a 2013 ruling that Apple led an illegal conspiracy to fix prices of e-books in violation of anti-trust laws.
Four major ebook publishers reached a settlement Friday with Canadian authorities to end practices which officials said choked off competition and kept prices high.
Apple may face a reduced punishment for conspiring with publishers to raise e-book prices under a new proposal from the federal government.
A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies, analysts say.
A US judge ruled Wednesday that Apple violated antitrust law in a price-fixing case, saying the company "conspired to restrain trade" with publishers to boost the price of e-books.
(AP)—German engineering company Bosch said Friday that it is abandoning its solar energy business, because there is no way to make it economically viable amid overcapacity and huge price pressure in the industry.
It brought the world Skype, Europe its first capital with free public transport, and now Estonia is touting the globe's first fast-charging network for electric vehicles.
(AP)—The European Union's competition watchdog has accepted proposals by four publishers and Apple to end agreements that set retail prices for e-books—a practice the EU feared violated competition rules.
Thailand's finance ministry on Friday called for a corruption investigation into the country's auction of third-generation (3G) mobile telephone operating licences because of fears of collusion.
Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.