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09-20-2012, 12:56 PM | #16 | |
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09-20-2012, 04:13 PM | #17 | |
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09-20-2012, 04:37 PM | #18 |
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The argument is that you would have paid less for those books without the illegal activities and should get some restitution from the companies because their illegal actions caused you harm. In this case, people paid more for books then they should have because of the collusion.
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09-20-2012, 05:04 PM | #19 |
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Right, I understand the issue and I'm saying that I've mostly refused to buy books from those publishers because I was unable to find competitive prices on them.
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09-20-2012, 06:42 PM | #20 | |
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I expected the scam to end up in court eventually and I simply boycotted *everything* from the price fixers. I didn't encourage the scam and so I don't need restitution. Nonetheless, these kinds of conspiracies usually involve massive fines and/or consumer rebates of some kind. Which is why Apple and Co are trying to sucker the Brusselcrats into a cheap settlement before more evidence is released in the US. Again, given the different political and cultural outlook on the other side of the pond, the odds look good that they'll get away without fines, restitution, or oversight. And at least 50-50 that they get away with the mandatory limits on discounting, aka Price-fix lite. But since that won't directly impact me, I don't particularly care. |
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09-20-2012, 07:16 PM | #21 |
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I stopped expecting any worthwhile participation in these kinds of class action lawsuits after the big AT&T breakup in the US. They said that AT&T had bilked customers for years and years, and we ended up receiving 3 $5 phone cards that could only be used at AT&T pay phones. I never had the chance to use any of them before they expired.
The only people who benefit from the proceeds of class action lawsuits are the lawyers. Consumers only benefit if the decision includes some kind of action or limits actions (like this one) of the participants long-term. And I'll be honest, I think some of them are just stupid. There was a huge one that I got mailings on for the longest time about "flash media" drives. It stated that their labeling was deception (e.g., a 16 MB flash drive doesn't really have 16 MB space on it). I agree that the labeling is ... stupid. But it's the same labeling used for hard drives. So anyone even somewhat technologically inclined already understood how the devices were labeled and expected what they got. |
09-20-2012, 11:08 PM | #22 |
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Too true. A perfect example of that is an occupational tax that was charged by the county I worked in at my last job. The county was charging a 1% income tax, but because certain occupations were exempt, it was declared illegal and the whole thing wound up in court in a class action suit. When it was finally settled, I got a check... it was itemized... something like $200 I'd paid in over a certain period in question, $130 of it was declared part of the settlement, $70 something went for legal fees, and I wound up getting about $60 back... I was just like "whatever... it's $60 I didn't have before," but there's still a part of me that was irked that I about half the settlement went for legal fees...
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09-21-2012, 06:50 AM | #23 |
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there is no mention of a fine or restitution in the EU statement.
So, it won't likely happen. At least in the USA, there is a "fine of sort" because the 3 settled publishers agreed to pay $69 million. |
09-21-2012, 07:27 AM | #24 | |
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09-21-2012, 02:29 PM | #25 |
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Well I hope that means that Amazon will start selling ebooks cheaply again.
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09-23-2012, 10:10 AM | #26 |
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