DOJ Files Suit over e-Books Against Apple and Publishers cialis
In expected news, the Department of Justice Apple as well as HarperCollins, Simon and Schuster, Hachette Book Group, Penguin Group and MacMillan alleging they colluded to keep the price of e-books artificially high. It also announced that it has settled with Hachette Book Group, HarperCollins and Simon & Schuster. According to the Washington Post:
The government’s inquiry focused on how Apple transformed the way publishers charge for e-books. The tech giant allowed the publishers to set the prices of books on Apple’s online store. In exchange, Apple got 30 percent of the proceeds.
The pricing model gave publishers leverage over Amazon, which tried to set book sales at $9.99 when it debuted its Kindle e-reader in 2007 ….
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May 4th, 2012 at 3:36 pm
That’s really a high percentage that Apple gets.
July 3rd, 2012 at 1:19 pm
Ya I agree with James, that percentage is waay to high for Apple.
November 5th, 2012 at 10:22 am
At least the US government departments are trying to do something about UN-competitive practices. In the UK it appears our Government has buried its head in the sand or bowed to intense lobbying by Big Business to keep prices artificially high. Not just on e-books but on virtually everything you can think of from gas for the car to electricity to keep you alive in the winter