Video: Apple Accused of Conspiracy Ebook Price

The United States and five publishers sued Apple for alleged conspiracy to raise the price of electronic book or ebook that is higher than their competitors. The U.S. government lawsuit is represented by the Department of Justice.

Apple Company

The United States and five publishers sued Apple for alleged conspiracy to raise the price of electronic book or ebook that is higher than their competitors. The U.S. government lawsuit is represented by the Department of Justice.

Quoting Reuters, the deal is done when Apple iPad launching in early 2010. This was done to break the dominance of Amazon in digital book sales.

As it is the fifth publisher Simon & Schuster, Hachette Book Group, Penguin Group, Macmillan and HarperCollins. Three of the five publishers, the Hachette Book Group, HarperCollins and Simon & Schuster has reached an agreement. However, this case continues against Apple andtwo other publishers.

According to the survey, Apple isknown to increase the tariff approach ebook. In return, Apple promised a 30 percent commission from the sale price ofthe ebook.

Book retailers were forbidden to sell books at a price cheaper than that sold to Apple.

See the video at this link.

Apple’s rebuttal

But Apple has denied all the charges were filed. Filed rebuttal Apple spokes woman Natalie Kerris told the Wall Street Journal.

“The launch of iBookstore in 2010 led to innovation and competition, destroying the Amazon monopoly in the publishing industry,” Kerris said.

Kerris also said the pricing structure that is compatible with Apple’s mobile software store. “Aswe invite the developer to specify the price at the App Store, publishers are adjusting prices in the iBookstore,” Kerris said.

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