We talk about the lawsuit brought by the US in the most recent Real Tech for Real People, Episode 110. While we share our thoughts on the pluses and minuses of the lawsuit, I thought it would be good to share this article from LifeHacker as well. In this article they discuss the impact the lawsuit could have on pricing. They write in part:
In a nutshell, this means prices on ebooks went up because the agreement with Apple made it so other sellers, like Amazon, couldn’t lower the price on ebooks.
Three of the seven publishers have already settled with the Department of Justice, but Apple, Penguin, and Macmillan rejected the offer. Now that we know the reasons behind the lawsuit, let’s see if any of this news is actually will have an effect on pricing.
Read the full article here.