Thread: Conn AG targets Amazon and Apple for price-fixing
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Old 08-04-2010, 01:13 PM   #2
delphidb96
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Quote:
Originally Posted by gastan View Post
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/
THIS is too funny for words! Amazon is brow-beaten into accepting the 'deal' (an offer it couldn't refuse, hint, hint) and *IT* is being investigated for price-fixing. GAWD, politicians are just plain DUMB.

Derek
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