• Wealth and poverty

    True riches would be to create a safe and satisfied community for all South Africans.

  • SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

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Apple rejects e-book collusion charge

Apr 13 2012 14:37
Reuters
APPLE has rejected the US justice department’s allegations that it colluded with publishers over electronic book pricing, calling the charges “simply not true”.

The US government had sued Apple and five publishers, saying they conspired to fix the prices of electronic books. It has reached a settlement with three of the publishers that could lead to cheaper e-books for consumers.

In an email to Reuters, Apple spokesperson Tom Neumayr confirmed the company’s position, which earlier appeared in a Wall Street Journal article.

“The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry,” Apple spokesperson Natalie Kerris told the journal.

Kerris defended the current pricing structure as parallel to Apple’s mobile software store.

“Just as we have allowed developers to set prices on the App Store, publishers set prices on the iBookstore,” she told the newspaper.
apple  |  price fixing  |  e-books

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