Friday, April 18th7.6°C
21450
20363

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

20970


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.9086+0.0002
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 
19691


21100

FEATURED Property
1881280104 Gallaghers Circle
10075493 bedrooms
$165,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...


Quick and nimble

Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...

_



21604

21368


Member of BC Press Council


21188