The Millions : The Apple Antitrust Case and the Widgetification of Books

“For the past year, to the rising horror of publishing-industry insiders, the federal government has been on a campaign to stamp out price fixing in the e-book trade between the last remaining major publishing houses and Apple, which sells e-books for its iPads and other devices. On Wednesday, Denise Cote, a federal judge in Manhattan, ruled that Apple had indeed colluded with publishers to raise prices of e-books — in the process giving aid and comfort to Amazon, the single strongest monopolistic force in the book business.The case is far from over. Apple is one of the world’s largest corporations, and it is in a knife fight with Amazon and others over the future of digital content, so you can count on it to carry on its appeals as long as it can. But Wednesday’s ruling follows an earlier decision by the major publishers to settle with the government rather than fight the case, so in some ways we are already living in the economic environment Justice Department lawyers believe is best for the book business. It isn’t pretty. Borders is gone, Barnes & Noble is on the ropes, and with the recently approved merger of Random House and Penguin Books, the already absurdly conglomerated Big Six publishers have become the Big Five.”

via The Millions : The Apple Antitrust Case and the Widgetification of Books.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s