Thread: DOJ suing Apple over ebooks.
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Old 04-11-2012, 03:17 PM   #83
ScotiaBurrell
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Join Date: Oct 2011
Device: Kindle & little green monster
saw this

Quote:
Amazon on Wednesday said it was ready to lower e-book prices, following a settlement between the Justice Department and three e-book publishing companies named in an antitrust lawsuit alongside Apple.

“This is a big win for Kindle owners, and we look forward to being allowed to lower prices on more Kindle books,” an Amazon spokesperson, referring to a settlement the Justice Department reached with Hachette, HarperCollins and Simon & Schuster.
Quote:
The DOJ’s lawsuit essentially credits Amazon with launching the American e-book industry as we know it with the debut of the Kindle in 2007. It further credits Amazon’s $9.99-or-less ebook price as beneficial for all consumers, saying “As a result of that competition [from Amazon], consumers benefitted from Amazon’s $9.99-or-less e-book prices even if they purchased e-books from competing e-book retailers.”
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