Gallery: Justice Department Files Antitrust Suit Against Apple for eBoo...

 

Today the US Justice Department filed an antitrust lawsuit against Apple and five major book publishers over the pricing of eBooks. The Justice Department claims that Apple and the other publishers named in the suit colluded to fix eBook prices, causing “e-book consumers to pay tens of millions of dollars more for e-books than they otherwise would have paid.” The book publishers teamed up with Apple in an effort to topple Amazon’s $9.99 Kindle ebook, and now they’re all in big trouble.

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2 Comments

  1. zeropassiv April 11, 2012 at 11:05 pm

    I am sure Amazon has a role in this. However, the question in any antitrust issue is whether the act committed benefited or hurt consumers, not whether it benefited or hurt the players in an industry.

    I think this is a little ironic because if one were to accuse Amazon to be a monopolist in ebooks because the low prices hurt the publishers, one should also accuse Apple for selling songs for cheap too.

  2. Anderthon April 11, 2012 at 6:44 pm

    Is anyone curious about Amazon’s collusion with the Obama Justice Department to shove their competition out of the eBook space?

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