Sources: Digital Trends, The Los Angeles Times
quote: Amazon probably agreed to this because they were allowed to pocket the difference.
quote: A well known exchange between Apple's Steve Jobs and the Wall Street Journal's Walt Mossberg functions as a key exhibit in the legal action. It took place during the unveiling of the iPad at the Yerba Buena Center for the Arts in San Francisco in January 2010 and was documented in the New Yorker.During the conversation, Mossberg asked Jobs why consumers should buy Edward Kennedy's book True Compass on the iPad for $14.99 when they could purchase it from Amazon for five dollars less."That won't be the case," Jobs replied.This terse prediction had Mossberg scratching his head. "You won’t be $14.99 or they won’t be $9.99?" "The price will be the same," Jobs insisted. "Publishers may withhold their books from Amazon. They're unhappy." The lawsuit extracts this conclusion from the aforementioned dialog: "Absent Apple's knowledge of and participation in the unlawful conspiracy, Steve Jobs would not have been able to predict future e-book pricing with such startling accuracy."
quote: Earlier this week, it was discovered that the European Commission had launched an antitrust investigation to determine if international e-book publishers were taking part in anticompetitive practices...