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
$112.34
Apple Inc.
+4.62
GOOG
$614.34
Google Inc.
+16.55
MSFT
$43.36
Microsoft Corporation
+1.54
MacNews Search:
Community Search:
view counter

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

Goat Simulator MMO Simulator (Games)
Goat Simulator MMO Simulator 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: ** IMPORTANT - SUPPORTED DEVICESiPhone 4S, iPad 2, iPod Touch 5 or better.**Coffee Stain Studios brings next-gen Goat MMO simulation to mobile devices. You no longer have to fantasize about being a simulated goat... | Read more »
Worms™ 4 (Games)
Worms™ 4 1.02 Device: iOS Universal Category: Games Price: $4.99, Version: 1.02 (iTunes) Description: The latest instalment in the worldwide mega hit franchise! Coming soon to iPhone, iPad and iPod touch.When the guys and girls at Team 17 jump around and squeal with excitement, you know you are on to a winner. You see, the team... | Read more »
The Deer God (Games)
The Deer God 1.0 Device: iOS Universal Category: Games Price: $6.99, Version: 1.0 (iTunes) Description: 30% off launch sale!!!“It can be a struggle, but it's all worth it when you're shooting fire out your antlers.” Kotaku “The world of The Deer God is incredibly hostile, featuring so many dangerous animals it makes Far Cry 4 look... | Read more »
AppSpy's Patreon campaign kicks off
Occasionally you'll see us use AppSpy's videos here on 148Apps to support an article we've written. That's because we're part of Steel Media, and AppSpy is Steel's video arm, so we're all part of one happy family. [Read more] | Read more »
We're Sorry to Report that Moonrise...
Moonrise is a very promising-looking, Pokemon-esque monster collecting and battling game that we were really looking forward to reviewing, but unfortunately it looks like that's never going to happen. [Read more] | Read more »
The Latest Update for The Sims FreePlay...
Commerce has gotten a little more active with the newest update for The Sims FreePlay, making Sunset Mall more of a hangout than ever before. [Read more] | Read more »
This Week at 148Apps: August 24-28, 2015
The Apps of August With 148Apps How do you know what apps are worth your time and money? Just look to the review team at 148Apps. We sort through the chaos and find the apps you're looking for. The ones we love become Editor’s Choice, standing out above the many good apps and games with something just a little bit more to offer. Take a look at... | Read more »
NASCAR in Real Racing 3? Sure, Why Not?
I have to give Firemonkeys credit - it's very cool of them to add NASCAR to Real Racing 3 via an update rather than making a separate game for it. But that's a different discussion for another time; for now let's sit back and enjoy driving in circles. [Read more] | Read more »
The nuyu is an Inexpensive Activity Moni...
Today, Health o Meter nuyu has announced a series of health and fitness-related products, including the aforementioned activity monitor along with a wireless scale. All at a decent pricepoint, no less. [Read more] | Read more »
The Makers of Overkill are Trying Someth...
Craneballs, the studio responsible for the Overkill series, is taking a little break from all that violence (a little break) to bring us Cube Worm - a 3D take on one of the most classic PC/calculator games in existence. [Read more] | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.