Sources: Reuters, The Wall Street Journal
quote: Blame Apple for choosing a particular business model, but the publishers are the scumbags here.
quote: Apple is/has created a closed Eco-system where consumers have ZERO alternatives and can ONLY purchased through Apples portal.
quote: And it's not true that other retailers "can't" change the pricing. It's that if they change the pricing to the end customer then Apple gets to sell it to the end customer at that lower price too.
quote: However, publishers were not allowed to let rivals sell the same book for a lower price.According to the DOJ, Apple and the five publishers did this to raise the prices of e-books, which violates federal antitrust laws. The publishers reacted to these claims, saying that the agency model was used to "enhance" competition in the e-book industry by helping e-book sellers to make some money out of the deal.