Amazon Announces Intent To Start Slashing Kindle Book Prices In Wake Of Antitrust Settlements

Yesterday the New York Times reported: As soon as the Department of Justice announced Wednesday that it was suing five major publishers and Apple  on price-fixing charges, and simultaneously settling with three of  them, Amazon announced plans to push down prices on e-books. The price  of some major titles could fall to $9.99 or less from … Read more

Breaking News: Partial Settlement in Apple, Agency 5 Antitrust Suit

Bloomberg News is reporting that when the U.S. Justice Department officially moved to file suit against Apple and the “Agency 5”, all but Apple and one of the publishers named in the suit negotiated a settlement. From Bloomberg: The U.S. sued Apple Inc. (AAPL), Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New … Read more

Prices For Ebooks On Kindle Could Tumble As Deal In Apple Book Price-Fixing Case Is Just ‘Weeks Away’

As promised, we provide this update on the U.S. Justice Department’s price fixing and collusion case against Apple and the Agency 5, as we originally reported in this earlier post. On The Mail, Rob Waugh reports: Justice Department could halt price deal which prevented Amazon discounting Deal between Apple and five publishers Ebook prices risen up … Read more

Ebook News: Apple & Big Publishers Under Investigation For Alleged Collusion To Fix Ebook Prices

Apple and five major publishers, suspected of colluding to artificially raise and fix prices for ebooks, are under investigation by regulators in the U.S. and European Union. The whole thing began when Apple introduced its “agency pricing model” for ebooks last year. Up until that time, Amazon, as the dominant player in the ebook field, had … Read more