Friday, August 2, 2013

Justice Department wants Apple to terminate existing book deals and compete on price

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Earlier this month Apple was found guilty of ebook price fixing in a lawsuit brought by the US Department of Justice, and now the DoJ is offering "remedies" to ensure Apple never repeats the anticompetitive behavior. The proposal was submitted by the Justice Department along with 33 state attorneys general today, and calls for Apple to terminate its deals with the five publishers that were part of the original suit. Further, for a period of five years, Apple would essentially be barred from signing fixed pricing agreements with ebook distributors. It sounds worse than it is: Cupertino is still free to reach new agreements within the industry, but they can't resemble the terms that led to the court battle.


But it doesn't end there: the...


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via The Verge - All Posts http://www.theverge.com/2013/8/2/4582068/doj-wants-apple-to-terminate-ebook-deals-compete-on-price

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