Justice Department Threatens Apple, Publishers With Lawsuits Over Alleged E-book Price Increases | Fox News


The Justice Department has warned Apple Inc. and five of the biggest US publishers that it plans to sue them for allegedly colluding to raise the price of electronic books

If successful, such a settlement could have wide-ranging repercussions for the industry, potentially leading to cheaper e-books for consumers. However, not every publisher is in settlement discussions.

Well this is interesting!  Publishers accused of jacking up ebook prices? 

You’ve probably seen it too, when you’re browsing books online.  I’ve noticed it on Amazon and wondered why the Kindle price of a book is higher than the print book price.  Well now we know. 

It looks for all the world that publishers are so desperate to keep the dead-tree print alive that they’ll inflate ebook prices, trying to drive customers to the print ones. 

Once you factor in shipping though, the ebook is still a better deal. 

I hope this lawsuit takes place.  I hope the publishers lose.  They should, for trying to cheat us like that.