Senator Schumer calls on DOJ to drop ebook price-fixing suit

Believe it or not, but that whole ebook price fixing fiasco is still an ongoing issue for the Justice Department. New York's senior senator, Chuck Schumer wishes it wasn't however, he simply wants the DOJ to drop the case and walk away. In a lengthy (factually questionable) op-ed in the Wall Street Journal the distinguished gentleman from the great state of New York said that a successful suit against Apple (he didn't bother to call out the others involved) would set the ebook industry back several years and allow Amazon to dominate the market unchallenged. He also makes a broader call for the administration to develop more clear guidelines for deciding what non-merger cases to pursue. Unfortunately, we have to point out, that his argument is undercut by some questionable data referenced in the editorial. According to Schumer Amazon once owned 90 percent of the ebook market -- a number that, if true, most certainly predates the release of the Nook. This is followed by an insinuation that Apple all but single-handedly toppled the retail giant with the launch of iBooks, cutting Amazons market share to just 60 percent. While the latter number sounds about right we'd hesitate to lay responsibility for that 30 point drop entirely at Apple's feet. To dig into Schumers op-ed yourself hit up the source link.Senator Schumer calls on DOJ to drop ebook price-fixing suit originally appeared on Engadget on Wed, 18 Jul 2012 20:09:00 EDT. Please see our terms for use of... Continue reading at 'Engadget'

[ Engadget | 2012-07-19 00:00:00 UTC ]
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Canada’s Literary Press Group: Accessible Ebooks

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[ Publishing Perspectives | 2022-08-09 14:58:40 UTC ]
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DOJ v PRH: Don Weisberg, Government's Economist See Danger in PRH-S&S Merger

As the government's case against Penguin Random House's acquisition of Simon & Schuster winds down, Macmillan CEO Don Weisberg and government economist Nicholas Hill laid out reasons why they are concerned about the impact of the proposed merger. Continue reading at Publishers Weekly

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The Apple TV 4K drops to $150, plus the best early Prime Day deals you can get

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