Thread: DOJ suing Apple over ebooks.
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Old 04-11-2012, 07:40 PM   #124
cfrizz
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Quote:
Originally Posted by Kali Yuga View Post
It's not a "maybe," it's a "definite." Apple + 5 publishers are getting sued.

http://mediadecoder.blogs.nytimes.co...ok-pricing/?hp

Full text of the suit is attached, for the law geeks.

The DOJ is suing Apple, Hachette Book Group, HarperCollins, Macmillan, Penguin Group USA and Simon & Schuster over the adoption of agency pricing.

It looks like agency pricing itself is not the issue -- as indicated by Random House adopting agency pricing months after the other publishers.

My guess at this time is that if they don't settle, it'll take 2-3 years for the case to be finalized. Everyone will get a fine (i.e. big slap on the wrist), Apple's guarantee of "no one gets a lower price than us" will be tossed out, retailers will be allowed some latitude with discounts and... agency pricing will continue. I guess we'll see in 2-3 years.
The publishers cannot afford to have this drag on for 2-3 years, the negative publicity would kill them. I have no doubt this got started because we the people complained loud & long, and see these shysters fighting this suit would turn us away from them in droves. It's better to settle & still remain in business, rather than be blacklisted in the publics mind and end up out of business!
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