"Huge Win for Citizens of Kindle Nation, and Amazon: U.S. Justice Department Sues Apple and Five Big Publishers Over eBook Price Fixing; Three of Five Rush to Settle; Millions to be Paid Out to Customers "
by Steve Windwalker
Kindle Nation, April 11, 2012
count:2 pages (tangential research to discover the identities of the Big 6)
The US Justice Department has stepped into the eBook pricing world with both feet -- and appears to have dramatically impacted the pricing we should see on Kindle books (and thus, other eBooks) in the future.
With evidence of Jobs and Apple working with publishers to "create a real mainstream e-books market at $12.99 and $14.99," as opposed to the $9.99 average, the government will "vigorously pursue the suit against Apple and the two publishers that did not settle."
Of the Big 6 publishers (see list below), 5 were being sued, 3 settled, and 2 are holding out, along with Apple.
I've wondered for a long time why this obvious monopoly was being allowed. I just needed to wait a bit longer for the slow wheels of justice. Let's just hope they are also inexorable.
Big 6 Publishers?
From what I can determine, these are
5/2/2012
Post data: I learned through my e-books study that Random House is the only publisher cooperating with vendors to offer e-books for a lending model.
count:2 pages (tangential research to discover the identities of the Big 6)
The US Justice Department has stepped into the eBook pricing world with both feet -- and appears to have dramatically impacted the pricing we should see on Kindle books (and thus, other eBooks) in the future.
With evidence of Jobs and Apple working with publishers to "create a real mainstream e-books market at $12.99 and $14.99," as opposed to the $9.99 average, the government will "vigorously pursue the suit against Apple and the two publishers that did not settle."
Of the Big 6 publishers (see list below), 5 were being sued, 3 settled, and 2 are holding out, along with Apple.
I've wondered for a long time why this obvious monopoly was being allowed. I just needed to wait a bit longer for the slow wheels of justice. Let's just hope they are also inexorable.
Big 6 Publishers?
From what I can determine, these are
- Hachette (settled)
- HarperCollins (settled)
- Macmillan (to fight the suit)
- Penguin Group (to fight the suit)
- Simon & Schuster (settled)
- Random House (not included in the JD suit)
5/2/2012
Post data: I learned through my e-books study that Random House is the only publisher cooperating with vendors to offer e-books for a lending model.
No comments:
Post a Comment