Friday, November 21st2.5°C
22246
22924

US appeals court judge temporarily blocks monitor's work after e-book price fixing ruling

NEW YORK, N.Y. - A federal appeals court judge has temporarily suspended the work of a court-appointed monitor assigned to make sure Apple Inc. has safeguards in place to comply with antitrust laws.

Judge Raymond J. Lohier Jr. signed the order Tuesday. He suspended the two-year appointment of a monitor until a three-judge panel of the 2nd U.S. Circuit Court of Appeals can decide "as soon as possible" if a longer suspension is necessary.

A lower-court judge appointed a monitor after concluding last summer following a trial that Apple had colluded with book publishers in 2010 to raise electronic book prices.

Apple claims the monitor was "conducting a roving investigation" that interfered with Apple's business. The monitor disputed that.

Lohier ordered the government to submit arguments by Friday on its opposition for a stay.

The Canadian Press


Read more Business News

23459


Recent Trending




Today's Market
S&P TSX15075.18+95.029
S&P CDNX783.571.12
DJIA17719.0033.27
Nasdaq4701.868+26.156
S&P 5002052.75+4.03
CDN Dollar0.8868+0.0027
Gold1195.70+4.7999
Oil76.95+1.10
Lumber332.70+5.70
Natural Gas4.394-0.095

 
Okanagan Companies
Pacific Safety0.160.00
Knighthawk0.01-0.005
QHR Technologies Inc1.27+0.02
Cantex0.035-0.005
Anavex Life Sciences0.17+0.0099
Metalex Ventures0.025-0.005
Russel Metals30.80+0.18
Copper Mountain Mining2.18+0.09
Colorado Resources0.14+0.01
ReliaBrand Inc0.013-0.002
Sunrise Resources Ltd0.050.00
Mission Ready Services0.335+0.01

 
23744


22899

FEATURED Property
19921042287 Selkirk Drive
4 bedrooms 3 baths
$650,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Retirement: Health Issues

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retir...


Be quiet already!

No, you’re not crazy. There really are voices in your head. Voices that keep you from doing what you need to do during your customer care calls. It can be the voice of your teachers, your parent...


The magic of thinking big

Photo: ContributedYou may have read the book with the same title. I did many years ago and it supported the way I have always tried to make decisions. In his iconic book, The Magic of Thinking Big,...

_



22911

24006


Member of BC Press Council


23121