DOJ accuses Apple, five publishers of colluding to fix ebook prices

In December 2010 I asked: "Is someone fixing ebook prices?" Google's digital bookstore opened for business, and I started comparing prices only to find them fairly consistent across all retailers. I expected to see huge variances, not pricing consistency, which shouldn't be in a competitive market but is systematic of one where businesses conspire to "fix" prices. I wasn't alone wondering about this abnormal consistency. After weeks of rumors, today, the US Justice Department filed a lawsuit against Apple and five publishers. The antitrust enforcement agency accuses them of colluding to fix ebook prices, thus impeding competition and, more importantly,… [Continue Reading] Continue reading at 'Betanews'

[ Betanews | 2012-04-11 00:00:00 UTC ]

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[ PC World | 2012-04-16 00:00:00 UTC ]
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[ Crains New York | 2012-04-14 00:00:00 UTC ]
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[ Editor & Publisher | 2012-04-11 00:00:00 UTC ]
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[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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