quote: The book publishers were accused of partaking in an agency sales model with Apple, and the publishers could not let rivals sell the same book at a lower price.
quote: Sure, we can complain about how overpriced they are, but accusing a company of being "evil" because they seek to maximize there revenue is off-kilter. They're charging a price that the market is apparently willing to bear. And that's about all that can be said about that.s $5 that goes right back into their pockets.
quote: The settlement calls for the three publishers to end their contracts with Apple within one week. The publishers must also terminate contracts with e-book retailers that contain restrictions on the retailer’s ability to set the price of an e-book or contain a so-called “most-favored nation” clause, which says that no other retailer is allowed to sell e-books for a lower price.