eBook case settlement involving Apple, others near?
TweetFollow Us on Twitter

eBook case settlement involving Apple, others near?


The Justice Department could reach a settlement in the next few weeks with Apple and some of the major publishers suspected of collaborating to hike electronic book prices reports "Reuters" (http://macte.ch/HpLxa), quoting two unnamed "people close to the negotiations."

While negotiations are still "fluid," the settlement is expected to eliminate Apple's"most favored nation" status, which had prevented the publishers from selling lower-priced e-books through rival retailers such as Amazon.com or Barnes & Noble, the article adds. The deal could also force a shift, at least temporarily, in pricing control from publishers to retailers.

The brouhaha centers on Apple's move to change the way that publishers charged for e-books as it prepared to introduce its first iPad in 2010. Traditionally, publishers sold books to retailers for roughly half of the recommended cover price. Under that "wholesale model," booksellers were then free to offer those books to customers for less than the cover price if they wished.

Apple suggested moving to an "agency model," under which the publishers would set the price of the book and Apple would take a 30% cut. However, Apple also insisted that publishers couldn't let rival retailers sell the same book at a lower price.

The Justice Department feels Apple and the publishers acted in concert to raise prices across the industry. It's purportedly prepared to sue them for violating federal antitrust laws.

 
AAPL
$124.75
Apple Inc.
-1.42
GOOG
$524.05
Google Inc.
-9.75
MSFT
$41.62
Microsoft Corporation
-0.55
MacNews Search:
Community Search:
view counter

view counter
view counter
view counter
view counter
view counter
view counter

Chainsaw Warrior: Lords of the Night has...
It's time to put the Darkness back in its place now that Chainsaw Warrior: Lords of the Night has officially made it to iOS. | Read more »
A World of Ice and Fire Lets You Stalk 2...
George R. R. Martin’s A World of Ice and Fire, by Random House, is a mobile guide to the epic series. The new update gives you the Journeys map feture that will let you track the movements of 25 different characters. But don't worry, you can protect yourself from spoilers by filtering the map by chapter. The new map is part of the "A Game of... | Read more »
Gameloft Announces Battle Odyssey, a New...
Battle Odyssey, Gameloft's newest puzzle RPG, is coming to the App Store next week. Set in the world of Pondera, you will need to control the power of the elements to defend the world from evil. You'll be able to entlist over 500 allies to aid you in your quest to save the world, and each one comes with their own elemental affinities and powers.... | Read more »
Fusion - HDR Camera (Photography)
Fusion - HDR Camera 1.0.0 Device: iOS Universal Category: Photography Price: $1.99, Version: 1.0.0 (iTunes) Description: Fusion creates HDR (high dynamic range) photos by capturing different exposures and then combining them into one perfectly exposed photo. The result is an image that overcomes the limited range of a digital image... | Read more »
Sago Mini Toolbox (Education)
Sago Mini Toolbox 1.1 Device: iOS Universal Category: Education Price: $2.99, Version: 1.1 (iTunes) Description: Come build with the Sago Mini friends! Use a wrench, try a saw, or hammer some nails. From sewing hand puppets to building a robot, there are tons of jobs to be done. Grab your toolbox and let’s go! | Read more »
You Should Probably Grab Hitman GO While...
Hitman GO is a surprisingly cool (yet also incredibly drastic) departure from the Hitman series. It's well worth playing for any puzzle game fans out there, and at the moment you can get your hands - or garrotte if you will - on it for a mere $0.99. I'd suggest giving it a shot if you're even remotely curious about it. [Read more] | Read more »
IFTTT is Bringing Do Button and Do Note...
IFTTT has announced Do Button and Do Note for the Apple Watch. Do Button lets you make your own personalized button that can connect to things like your Google Drive, control the temperature in your home with Nest Thermostat, or turn the lights on with Philips Hue. Do Note acts as a notepad that connects to Evernote, Twitter, Google Calendar, and... | Read more »
How Many Days, Hours, and Minutes Are Le...
Countdown, by Yves Tscherry, is now available on the App Store. The app keeps track of countdowns to your favorite things such as someones birthday or days till the New Year. You can display the time in seconds, minutes, hours, days, weeks, months, or years or you can watch them all at once. The app is available for the iPhone, iPad, and the Apple... | Read more »
The All-New Misfit 2.0 App is Available...
Misfit has just given their app a complete overhaul. Misfit 2.0 now has a brand new interface with a sleek design and is easier to navigate. You'll be able to sync your Misfit device and look up health and fitness information faster than ever before. Just open the app and the home screen will display your daily activity and sleep in a story view. | Read more »
Halo: Spartan Strike (Games)
Halo: Spartan Strike 1.0 Device: iOS Universal Category: Games Price: $5.99, Version: 1.0 (iTunes) Description: Delve into 30 challenging missions through cities and jungles using a devastating arsenal of weapons, abilities and vehicles including the iconic Warthog against the Covenant and Promethean enemies. | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.