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Old 04-14-2012, 07:21 AM   #1
plib
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Posts: 777
Karma: 6356004
Join Date: Jan 2012
Device: Kobo Touch
Apple: we broke "Amazon's monopolistic grip" on e-book industry

ArsTechnica article here.

Quote:
Apple has now publicly responded to accusations that it colluded with publishers to fix e-book prices. In a statement released late Thursday, the company says the launch of its iBookstore in 2010—along with the original iPad—not only brought competition to the market, it also broke "Amazon’s monopolistic grip on the publishing industry."

"The [Department of Justice]'s accusation of collusion against Apple is simply not true," Apple told several news outlets. "The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry. Since then customers have benefited from eBooks that are more interactive and engaging. Just as we’ve allowed developers to set prices on the App Store, publishers set prices on the iBookstore."
One interesting item that comes up in the comments is that apparently the DOJ filing specifies that Amazon's book division has been profitable since Day 1. So there goes the argument about subsidizing book discounts from its other divisions by the look of it.

It has obviously hit a nerve. 361 comments and counting so far. Some of them are worth a read too, for fun value if nothing else. e.g.

Quote:
wb wrote:
NONE of the ebooks I own are more interactive or engaging than their paper counterparts[...]

You're holding them wrong.
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