NEWS ANALYSIS: A remedy proposal submitted by the Justice Department would force Apple to end publisher agreements, puts new limits on book, music and video sales and appoint a court monitor.
The U.S. Department of Justice is proposing to come down hard on Apple after the company was found guilty of price fixing charges in July after a trial in U.S. District Court for the Southern District of New York. U.S. Judge Denise Cote found that Apple had conspired with five book publishers to fix prices higher than those being charged by Amazon at the time while also forcing Amazon and other online book sellers to charge similar prices. The DOJ presented an overwhelming pile of evidence, including e-mails from then CEO Steve Jobs setting up the conspiracy. The Justice Department laid out its proposals for punishing Apple in a press release issued on Aug. 2. In that document, the government said that it was proposing that Apple be forced to terminate the agreements it had with the five major book publishers involved in the conspiracy and to cease making any other attempts to fix prices. The proposal would also prevent Apple from entering into any contracts that would prevent price competition for five years and it would prevent any retaliation against publishers that refused to sell books on Apple?s terms. But there are other provisions that could prove particularly galling to Apple. The company must allow links to other book sources, including Amazon?s Kindle software and store. ?To reset competition to the conditions that existed before the conspiracy,? the DOJ explained, ?Apple must also for two years allow other ebook retailers like Amazon and Barnes & Noble to provide links from their ebook apps to their ebookstores, allowing consumers who purchase and read ebooks on their iPads and iPhones easily to compare Apple?s prices with those of its competitors.? In addition to focusing on ebooks, the government is also proposing to keep an eye on Apple?s dealings in regards to other media. ?Apple will also be prohibited from entering into agreements with suppliers of ebooks, music, movies, television shows or other content that are likely to increase the prices at which Apple?s competitor retailers may sell that content.? In other words, Apple?s sale of music and video through iTunes and the Apple music store is also restricted. But just in case Apple doesn?t get the message, the DOJ is proposing that a court-appointed monitor be put into place within Apple ?to ensure that Apple?s internal antitrust compliance policies are sufficient to catch anti-competitive activities before they result in harm to consumers.?Source: http://www.eweek.com/mobile/doj-wants-to-slam-apple-With-antitrust-restrictions-after-tial-verdict/
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The all new E63 AMG derives its power from the 5.5-litre V8 engine, which is capable to churn whooping power output figures of 557bhp and 720Nm. The earlier generation E63 AMG's 6.2-litre engine was 30-37bhp lesser powerful than the new one. The engine is mated to the AMG Speedshift MCT 7G-Tronic transmission, which transmits power to all four-wheels. What makes the E63 AMG powertrain more special is the fact that it is a fully hand-built engine, which has also hiked the pricing of the car. The top-speed attained by the vehicle is 250kmph, and despite being so powerful it returns an impressive fuel economy of 9.5/100 km. With such high power output figures, it touches the 0-100kmph mark in mere 4.2 seconds.
The new E63 AMG features a special AMG "A-wing", which makes the lower intakes and twin-blade grille positioned above it. Other features on offer are a black finished rear diffuser and an AMG exclusive dual exhaust setup at the rear. It gets some updates inside the cabin as well including AMG touches like silver seatbelts and Alcantara inserts to the Nappa leather steering wheel. The pricing for the car will be unveiled at the launch event only, which we would be covering live, so stay tuned to CarDekho for more updates on the same. Cheers!
Mr. Eberhard Kern, Director & CEO, Mercedes-Benz India commented on the launch of the new E 63 AMG, "The E 63 AMG combines the attributes of a sports car with the practicality of a luxury sedan. The stunning new design idiom is in line with the new AMG design philosophy. The connoisseurs of Mercedes-Benz AMG vehicles will now experience the performance and driving dynamics of the E 63 AMG more with the broader scope of standard equipment and appointments. The new E 63 AMG continues to be the pinnacle of technical prowess with added power and enhanced performance making it a practical super car. With the launch of the new E 63 AMG Mercedes-Benz India reiterates the philosophy of Best or Nothing for its customers."
Mr. Eberhard Kern further elaborated, "The year 2013 has been marked as the year of offensive for Mercedes-benz India. We already have received phenomenal response for the products which were launched this year. After pioneering a new segment with the A-Class and launching the most sought after luxury executive sedan E-Class, the launch of the new E63 AMG further reiterates our promise of brining fascinating cars and providing a memorable brand experience for the valued customers of the Three Pointed Star in India."
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Source : CarDekho - Mercedes-Benz cars - Mercedes-Benz India Finally Launches E 63 AMG for Rs. 1.29 Crores return story content
Google recently updated its Nexus 7 tablet, with a new design and brand new specs including a more powerful processor and much better screen. The device also has the distinction of being among the first in line for new Android updates, so it?s an early-adopter?s delight. But despite all the new, the Nexus 7 doesn?t really dramatically change the tablet space; it slots in more or less where the original version did, as a tablet that?s good for the price but unlikely to provoke any passion
A structured settlement is a financial arrangement defined in revenue code where the borrower accepts to resolve the personal injury and want to get out of the periodic repayments. Structured settlement was first utilised in Canada and then accepted by all. It is widely used in product liability and in injury cases. Benefits of structured settlement can be to reduce legal and other costs by avoiding trial. Structured settlement become more popular in the United States during the 1970?s as an alternative to the lump sum settlement. People stated going with structured settlements due to increasing interest rates. The no credit check loans are available as more people after the recession get in to the debt trap and were unable to get out of it.
