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Publishers have begun to pay compensation to customers iBookstore

publishers-begun-pay-compensation-customers-ibookstore-raqwe.com-01

In early July of this year, Apple was found guilty of conspiring with five major U.S. publishers to drive up the price of e-books in the store iBookstore . The court ordered the corporation will have to pay a certain sum of money in fines and break all agreements with these publishers. Amount of the fine has not been set, but according to analysts’ estimates it could reach $ 500 million.

Then it was about to ban Apple to use the agent’s model for selling e-books. The prices for the book publishers set themselves, and 30% of its profits are, as expected, give Apple. In this regard, publishers filed a complaint with the U.S. Justice Department, but it was soon rejected.

To somehow take care of their reputation and get away from the payment of substantial penalties, some publishers have agreed to indemnify buyers of books in the iBookstore. The other day, Penguin & Macmillan has already begun to pay off with your clients: for every purchase offsets Publishing $ 0.73, and for the purchase of New York Times – much as three dollars. The other persons involved is in no hurry to follow the example of his rival, says BGR.

However that may be, will have to pay all the bills, including Apple. It is expected that a final decision on the lawsuit will be decided on December 6. It was then that we will know how much to pay the Cupertino-based tech giant, as well as sanctions against his accomplices.

When the U.S. Department of Justice on the trail of criminals, all five publishing houses have voluntarily agreed to cooperate. Each of them has paid tens of millions of dollars to the government of the country for a flagrant violation of the law. The size of the largest fine was $ 75 million.

It turns out that in addition to payments to the government, the publishers will have to fully repair the damage to their customers. Apple, most likely, nothing will be paid to customers and will spread the responsibility directly on his accomplices.

With the publishing house Simon & Schuster, a corporation special relationship. This company has been producing the well-known book by Walter Isaacson about Steve Jobs.

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