Why would Apple have agreed to pay higher prices for books while Amazon was still out there hocking them below cost? Good question. Those curious circumstances are why some, including Justice it now appears, think there might have been collusion on the part of the publishers. The European Commission opened its own formal investigation into the matter back in December.
If the regulators are right, and the big publishing houses really did get together with Apple to plot a price hike, it would seem to be a clear violation of antitrust law — old fashioned price-fixing conspiracies are the sort of corporate skullduggery that can get an executive tossed in jail. —How Cheap Should Books Be? (The Atlantic).
Similar:
Media Bias Chart version 11 — Journalism sorted by bias (Left / Center / Right), reliabili...
The very useful “media bias chart” is on...
Culture
Steve Strauss: Why I Hire English Majors
Doing things correctly earns you points ...
Academia
A Box With A Hidden Video Camera Documents Journey Through The Mail
As a big fan of Richard Scary, I really ...
Amusing
Journalism has become ground zero for the vocation crisis
When scholars of journalism study the ...
Business
Broken on Purpose: Why Getting It Wrong Pays More Than Getting It Right
I have recently started managing the Fac...
Books
Why the Internet Isn’t Fun Anymore
I used to spend time in class teaching s...
Business


