“The publishers have denied acting jointly to raise prices. They have told investigators that the shift to agency pricing enhanced competition in the industry by allowing more electronic booksellers to thrive.” Jesus… I don’t care what you might have to say about “competition in the industry.” We don’t need any more freaking middle men.
The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter.
Several of the parties have held talks to settle the antitrust case and head off a potentially damaging court battle, these people said. If successful, such a settlement could have wide-ranging repercussions for the industry, potentially leading to cheaper e-books for consumers. However, not every publisher is in settlement discussions.
Related Posts: On this day...
- Modern Family: The Complete First Season (Blu-ray) $26 Shipped - 2011
- Visualization of an attack on a VOIP server - 2011
- Tron Legacy - 2010
- Ubisoft's DRM authentication servers go down... punishing customers but not pirates - 2010
- Did you know Kernel 188.8.131.52 was dubbed "Erotic Pickled Herring?" - 2009
- Ever wondered how to become a spy? Here's the job listing - 2009
- UK Readers: Major ISPs to start injecting targeted ads into web pages - 2008
- Russian ATM Skimmers - 2008