Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Note: You can take 10% off all Slashdot Deals with coupon code "slashdot10off." ×
Apple

Submission + - Apple Holds Firm as Publishers Settle with Justice Dept. Over E-Book Pricing->

Nerval's Lobster writes: "The U.S. Department of Justice has just settled with book publisher Macmillan in an ongoing case over the price of e-books, bringing its number of settlements with big-name publishers up to five. Justice claims that those five publishers, along with Apple, agreed to “raise retail e-book prices and eliminate price competition, substantially increasing prices paid by consumers.” Apple competes fiercely in the digital-media space against Amazon, which often discounts the prices of Kindle e-books as a competitive gambit; although all five publishers earn significant revenues from sales of Kindle e-books, Amazon’s massive popularity among book-buyers—coupled with the slow decline of bricks-and-mortar bookstores—gives it significant leverage when it comes to lowering those e-book prices as it sees fit. But Justice and Apple seem determined to keep their court date later this year."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Apple Holds Firm as Publishers Settle with Justice Dept. Over E-Book Pricing

Comments Filter:

The bomb will never go off. I speak as an expert in explosives. -- Admiral William Leahy, U.S. Atomic Bomb Project

Working...