Settlement expected soon in US DOJ/Apple Price-fixing suit

admin    Affordable eBooks, eBook Readers, eBook Stores, eBooks, eReaders, iPad, Kindle, Kobo eReader, nook, PlayBook, Publishers    

PadGadget says that we’ll soon see a settlement in the US Department of Justice investigation into price-fixing by Apple and publishers: Simon & Schuster, Penguin, Hachette Group, MacMillan, and HarperCollins.

This should make the pricing of eBooks dependent on actual market forces, and ‘should’ bring them down to favor a more competitive environment.

Goodbye agency pricing model.

Hello satisfied consumer!

If you enjoyed this article please consider sharing it!