Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Apple

Submission + - Apple Holds Firm as Publishers Settle with Justice Dept. Over E-Book Pricing (slashdot.org)

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."
This discussion was created for logged-in users only, but now has been archived.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:

You're at Witt's End.

Working...