04-11-2012, 01:23 PM
|
#56
|
Grand Sorcerer
Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Why is the DOJ ticked?
http://news.cnet.com/8301-13579_3-57...col;subStories
Quote:
While Jobs' comments alone seem like trouble enough, add this to the mix: Apple had most-favored-nation status with some of the major publishers, according to reports. This means that Apple was guaranteed to receive the lowest prices publishers offered to competitors. In other words, Apple would never pay more for books than rivals.
Deals like this aren't new but seldom are they heaped onto arrangements like the one Apple proposed in 2010. In combination, it raises questions about whether someone is trying to stifle competition. Here's a good spot to remind you about the Sherman Antitrust Act of 1890.
The main thrust of the act is pretty simple: "To protect the consumers by preventing arrangements designed, or which tend, to advance the cost of goods to the consumer."
|
|
|
|