Dennis Faas's picture

Feds Accuse Apple, Publishers of Price-Fixing

The United States Department of Justice (DOJ) and fifteen U.S. states are suing Apple and some major book publishers for colluding to keep electronic book prices higher than they should be. According to a report, the alleged conspiracy cost ... consumers more than $100 million during the past two years. According to the DOJ, Apple worked with several major publishers, including Penguin, Simon ... (view more)

Dennis Faas's picture

Amazon Gives In; Higher e-Book Prices Expected

Amazon appears to have blinked first in its stand-off with publishing giant Macmillan over the pricing of Kindle books. The online retailer had even briefly stopped selling printed Macmillan books over the dispute. The disagreement centered on ... Amazon's policy of charging a flat rate of $9.99 for the electronic edition of virtually all new titles it stocks. Macmillan demanded that it be able to set its own pricing, with most major books priced between $12.99 and $14.99. Royalties Replace Fixed Fees At the moment, Amazon pays publishers a fixed fee for each digital sale worth roughly half the ... (view more)

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