Quote:
Originally Posted by wodin
I had no problem taking the money from the publishers. It's Apple's money that I don't think I deserve.
|
Use the money to buy books for a children's hospital or maybe really needed but seldom donated goods to a food bank, like diapers and personal care goods (shampoo, conditioner, soup, toothpaste, toothbrushes ect...)
There are good things that you can do with it if you don't want to spend it on yourself.
I have no problem spending it on myself. While I am aware that Agency Pricing is legal and existed before this case, Apple worked hard to convince five of the six major Publishers to apply Agency Pricing at the same time in order to try and weaken Amazon's e-book market share and improve Apple's position. The price increases might have happened on their own but they would not have happened as quickly and uniformly without Apple's interference.
Apple had the opportunity to settle and chose not to. Part of their punishment is to provide those who were impacted, readers of e-books for example, with a financial settlement. So I get $148 from Apple to atone for their illegal activities. I am fine with that.