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Old 03-08-2012, 02:56 PM
 
2,944 posts, read 3,008,248 times
Reputation: 1109

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Why is this DOJ's business. Apple can set whatever price they want. If people are silly enough to buy from iTunes that cost more and fewer selection than Amazon, then it is his/her fault. Not Apple.

Guess someone didn't "donate" their money to the right politicians.

Justice Department may sue Apple, publishers on e-books | Reuters

Quote:
(Reuters) - The Justice Department has warned Apple (AAPL.O) and five major publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday.
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Old 03-08-2012, 03:07 PM
 
Location: Tyler, TX
15,202 posts, read 18,268,594 times
Reputation: 8032
I'm a free market guy, and certainly no fan of Obama, but based on what you quoted from the article (don't really care enough to read it), the charge is going to be collusion, which is NOT part of the free market principle. If there really is collusion happening, then they should be prosecuted. I just hope that it's not some kind of a witch hunt.
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Old 03-08-2012, 03:10 PM
 
Location: Great State of Texas
86,093 posts, read 72,556,082 times
Reputation: 27566
There's also a battle going on with Amazon and their electronic books.
If you think about it..this is the same sad story that happened when music first became digitized and available over the net.

Everyone wants their share of the pie.

And you can buy e-textbooks outside of either Apple or Amazon. College bookstores now offer them online for purchase and immediate download.

Here's an example from Austin Community College (Texas):
http://austin.bncollege.com/webapp/w...atalogId=10001
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