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Old 03-15-2012, 03:47 PM   #215
Wasgo
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Posts: 82
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Join Date: May 2010
Location: Vancouver, Canada
Device: Kobo Wi-Fi
Quote:
Originally Posted by stonetools View Post
Where its illegal price fixing is where Random House and McMillan get together to say all mystery novels shall be 14.99 or where they decide that novel X will be 14.99 or novel Y will be 13.99.There is no evidence that the publishers did anything like that.
It's legal for Apple to say tell publishers that they can set the price and Apple will take a 30% cut. It's not necessarily legal for the publishers to tell every eBook seller that's the model they have to use to sell their books. They're dictating the terms of business preventing competition between sellers. If Apple encouraged them to switch to this strategy, or in fact necessitated it by insisting that all books sold through iBooks must be guaranteed to be the lowest selling price, they may be in trouble too.

Whether or not that will be deemed to be legal is now up to the courts.
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