State University of New York Institute of Technology
spacer image

 

 

 

spacer image

Apple & Other Major Publishers Sued for Alleged Attempt to Fix Prices on Ebooks

Apple as well as five other companies have been accused of illegally attempting to set prices on ebooks. This was part of an attempt to force Amazon.com to raise its prices on the ebooks. The US Department of Justice hit them with antitrust laws and have brought in legal action.

This is a possitive sign that the government is doing something. Too often, companies are able to get around government restrictions. While the price of ebooks is not that huge an issue, it sets a message. If they manage to get away with some things, they will be able to try for more. Setting a price for the ebooks not only would hurt consumers, it would also limit competition, a key principle in our capitalist society.


There are no comments to this post

(Back to montesj blog | Write a Comment | Subscribe)

facebook | del.icio.us | digg | stumbleupon | RSS | slashdot | twitter

Log in to post/comment