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Old 08-04-2010, 09:03 AM   #1
gastan
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Conn AG targets Amazon and Apple for price-fixing

In June the Texas AG announced an investigation of Apple in regards to the agency price scheme. Now the Conneticut AG has started an investigation into Apple and Amazon.

"In a press realease issued Monday afternoon, the Connecticut AG's office said its concerns stemmed from "both Amazon and Apple [reaching] agreements with the largest e-book publishers that ensure both will receive the best prices for e-books over any competitors." As a result, per the AG, "these agreements appear to deter certain publishers from offering discounts to Amazon and Apple's competitors -- because they must offer the same to Amazon and Apple. This restriction blocks cheaper and competitive prices for consumers."

http://www.dailyfinance.com/story/me...icut/19578924/
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