Linked by Thom Holwerda on Fri 2nd Aug 2013 15:30 UTC
Apple
Apple Inc deserves a five-year ban from entering anti-competitive e-book distribution contracts and should end its business arrangements with five major publishers with which it conspired to raise e-book prices, federal and state regulators said on Friday.

The U.S. Department of Justice and 33 U.S. states and territories proposed those changes after U.S. District Judge Denise Cote in Manhattan last month found in a civil antitrust case that Apple played a "central role" in a conspiracy with the publishers to raise e-book prices.

The DoJ also requires that competitors such as Amazon and Barnes & Noble be allowed to include links to their own stores in their iOS applications, which Apple had prohibited.

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RE: Everyone is wrong
by Kochise on Sat 3rd Aug 2013 06:37 UTC in reply to "Everyone is wrong"
Kochise
Member since:
2006-03-03

Ebook below cost ? You should explain me how the price tag of a thin air based book is set, beside the author's fee and distribution (hrum, web hosting) margin.

Do you know what a author gets from a $50 paper edition ? You'll be surprised that like milk producing facilities, the one that do produce get the most little part. Something between $1 to $4 per book.

Ebook ? It's almost producer to consumer, no physical support (beside memory and mass media paid by the consumer) but it still costs a lot for what it is, and the author still gets only a tinny part of the price.

Until the author get the main part of the price, books will be too much expensive, period.

Kochise

Reply Parent Score: 4