Anti-trust Laws and eBooks

L. McMaken
12-12-11
Cincinnati, OH

 

The U.S. Justice Department has opened an investigation on the eBook industry. The focus of the investigation is to determine if any anti-trust laws have been broken in the pricing of eBooks by Apple, HarperCollins, Hachette Book Group, Macmillan, Penguin, and Simon & Schuster. Following on the heels of an investigation in Europe, this could alter the way eBooks will be priced in the future.

Galleycat reports: “In August, the legal fight over set eBook prices hit the civil courts when consumer rights firm Hagens Berman filed a class action suit against Apple and five of the “big six” publishers-alleging that the agency model for eBook pricing is “in violation of a variety of federal and state antitrust laws, the Sherman Act, the Cartwright Act and the Unfair Competition Act.”

The lawsuit  alleges “that the five publishers “feared” Amazon’s move to price ebooks at $9.99 – a figure considerably below physical book prices. The pricing “threatened to disrupt the publishers’ long-established brick-and-mortar model faster than [they] were willing to accept”, and to set low consumer expectations for ebook prices.”

There is a myriad of accusations swirling around this lawsuit, and they aren’t going to be resolved quickly or easily. The outcome however, will have a major effect of the pricing and control of eBook pricing in the future.

 

 

Similar Articles

Comments

FOLLOW US

2,024FansLike
3,238FollowersFollow
10,200SubscribersSubscribe

Recent Book Trailers

Instagram

Advertisment

Don't Miss

Penguin Random House & We Need Diverse Books Launch the Black Creatives Fund

0
Together with We Need Diverse Books (WNDB), we are thrilled to announce the launch of the Black Creatives Fund, an initiative with a mission of supporting emerging...

MEET THE AUTHOR: IRENE HANNON

0
MEET IRENE HANNON CORPORATE JET-SETTER AND AWARD WINNING ROMANCE AUTHOR Bestselling, award-winning author Irene Hannon took the publishing world by storm at the tender age of...

SNEAK PEEK: THE VINEYARD AT PAINTED MOON BY SUSAN MALLERY

0
The Vineyard at Painted Moon by Susan Mallery Already a worldwide success in mass market and trade paperback formats, #1 New York Times bestselling author Susan Mallery’s...

SNEAK PEEK: MEANT TO BE BY JUDE DEVERAUX

0
Meant To Be by Jude Deveraux An inspiring new family saga by New York Times bestselling author Jude Deveraux Two headstrong sisters are bound by tradition but long to...

MEET THE AUTHOR: J.E. MCDONALD

0
IT'S MEET THE ROMANCE AUTHORS MONTH! MEET J.E. MCDONALD....... I’m a morning writer who hates mornings. Every day I drag myself out of bed and join...

BOOK REVIEW: “THE BITTERROOTS” BY C.J. BOX

0
BOOK REVIEW: “THE BITTERROOTS” BY C.J. BOX After the events of the last book, Cassie Dewell has moved her family (mother, Isabel, and 14 year old...

One World Premieres “Ideas & Action” Podcast

0
One World presents a new Ideas & Action podcast that explores different challenges and opportunities facing our society, sharing perspectives and advice from their authors to understand...

SNEAK PEEK: Warriors of the Sacred Garden: Mila: Iron and Silk by E. I....

0
Warriors of the Sacred Garden: Mila: Iron and Silk by E. I. Landa Deep in the heart of Amazonas, in the Cloud Forest, a...

There’s a Book for That: Library Lovers Month

0
“Whatever the cost of our libraries, the price is cheap compared to that of an ignorant nation.” – Walter Cronkite Don’t we love our libraries?...

SCHOLASTIC TO PUBLISH KALEIDESCOPE, A NEW NOVEL BY BRIAN SELZNICK

0
Scholastic to Publish Kaleidescope, a New Novel by #1 New York Times Bestselling Author and Caldecott Medalist Brian Selznick on September 21, 2021 Scholastic, the global...