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Tag: Justice Department

It’s over for Apple: Supreme Court denies certiorari in e-book pricing case | I Love My Kindle

It’s over for Apple: Supreme Court denies certiorari in e-book pricing case | I Love My Kindle

The tradpubs made a crucial strategic error Here was the situation: Amazon entered the very marginal e-book market (Sony was in it, but not much was happening in the USA with e-books) in 2007. Part of their strategy was to promote that most bestsellers and new releases would be under $10…considerably less than the hardback […]

Supreme Court Declines to Hear Apple’s Appeal in E-Book Pricing Case | The New York Times

Supreme Court Declines to Hear Apple’s Appeal in E-Book Pricing Case | The New York Times

WASHINGTON — The Supreme Court on Monday refused to review an appeals court’s determination that Apple had conspired with book publishers to raise the prices of digital books. The court’s order, which following custom was issued without any accompanying explanation, puts into effect a $450 million settlement that Apple had agreed to pay if it […]

Bloomingdale’s, Macy’s Accused of Massive False Pricing Scheme | The Fashion Law

Bloomingdale’s, Macy’s Accused of Massive False Pricing Scheme | The Fashion Law

A new trend in fashion is emerging and it is not slip dresses as outerwear. No, the new trend centers on consumers filing lawsuits against brands and retailers for fixing retail prices in a way that is misleading. On the heels of a lawsuit filed against Kate Spade for falsely advertising original prices and corresponding […]

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Market Inc. agreed to pay $500,000 to settle an investigation that it overcharged customers for prepackaged food in New York City, resolving a spat that had hurt efforts to shed its “Whole Paycheck” image. The company said that there was no evidence of “systematic or intentional misconduct” but agreed to pay the fine […]

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

ERM urged the State Government to take action to ensure both Synergy’s customers and competitors were offered the same prices. In the absence of such action, ERM threatened to take the matter to the Australian Competition and Consumer Commission. “ERM would prefer that the Government intervene to resolve and correct this anti-competitive behaviour, without the […]

First predatory pricing case before the Competition Tribunal | African Antitrust & Competition Law

First predatory pricing case before the Competition Tribunal | African Antitrust & Competition Law

THE DIFFICULTY TO PROVE A PREDATORY PRICING CONDUCT For the first time in the sixteen years in which the new Competition Act has been in operation,[2] the Tribunal assessed a predatory pricing conduct. A predatory pricing behavior means that prices or rates are not market related but below what would be expect to be a […]

Apple Wants Supreme Court To Overturn E-Book Price-Fixing Verdict | Media Post

Apple Wants Supreme Court To Overturn E-Book Price-Fixing Verdict | Media Post

Apple intends to ask the U.S. Supreme Court to overturn a ruling that the company violated antitrust laws by masterminding a conspiracy to raise ebook prices, the company said this week in a new court filing. The case “presents issues of surpassing importance to the United States economy,” Apple says in a motion filed on […]

Medical Transport Co. Hit With Pricing Scheme Class Action | Law360

Medical Transport Co. Hit With Pricing Scheme Class Action | Law360

Law360, New York (September 15, 2015, 8:23 PM ET) — Emergency medical transport company Air Methods Corp. was hit with a $5 million proposed class action in South Carolina federal court Tuesday alleging it established an inflated pricing scheme and overcharged patients who needed to be airlifted to hospitals. Colorado-based Air Methods and its affiliate […]

Chocolate price-fixing charges dropped against Mars, others | Toronto Star

Chocolate price-fixing charges dropped against Mars, others | Toronto Star

Price-fixing charges against Mars Canada Inc., a national candy distributor, and two chocolate industry executives have been dropped, Canada’s competition watchdog announced Thursday. The case against Nestlé Canada Inc. and its former president Robert Leonidas are continuing, the federal Competition Bureau also said in a brief statement. The charges were dropped against distributor ITWAL Ltd. […]

Little-known Lannett tops Fortune’s fastest-growing list, thanks to big price hikes | FiercePharma

Little-known Lannett tops Fortune’s fastest-growing list, thanks to big price hikes | FiercePharma

Even in the world of less-expensive generics, drugs aren’t necessarily cheap, and Lannett operates in some niches where it faces little competition, according to analysts. Lannett’s prices on cardiovascular and migraine meds more than doubled last year, with 150% and 124% increases, Fortune notes. In fact, its aggressive pricing has put Lannett under the Department […]