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Originally Posted by pwalker8
No matter what happens with the Apple case, he will be able to cout coup on the book publishers. He's already brought in millions of dollars in settlements into the government coffers, which is generally the point of such exercises.
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What millions? How many?
I wasn't aware of any fines paid to the DOJ. The millions being paid by the publishers are to go back to consumers.
Even if they did pay the DOJ some fines, it's likely they won't even cover the complete costs of the DOJ to bring the anti-trust suits and the court costs as well.
So this idea that the DOJ brought the suits in order to make money is just ludicrous. They brought the suits to thwart anti-competitive practices and help ensure fairer prices for consumers.
Do the victories put a feather in the caps of some of the prosecutors? Sure. But, so what? Why shouldn't they be recognized?
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Those prices were going up regardless, Apple is simply a convenient villain. Amazon controls roughly 70% of the ebook market in the US.
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Prices certainly weren't going up at the speed they did once the agency pricing went into effect. Moreover, prices on many ebooks have gone down since the settlements.
Apple is not simply a convenient villain. They were a main conspirator in a price fixing scheme.
It is irrelevant how much of the market Amazon controlled then or now.
--Pat