Read about it:
Have you been reading about this? The justice department has actually sued Apple, Penguin, Hachet, Simon & Schuster, HarperCollins and Macmillan over their e-book pricing. One state attorney general said that the publishers had inflated the e-book prices by as much as $5.
I found this article fascinating. And it basically reiterates what we've been saying all along, that the larger companies are driving up the cost of e-books.
What does this lawsuit mean for us? Hopefully, lower e-book prices. And for some consumers possibly even restitution.
This ruling has been a huge plus for Amazon, who like to keep their prices lower as an incentive to buy and use the Kindle. Because of Apple's 'favorite nation clause' they weren't allowed to lower their prices, asked by these publishers, below the pricing in Apple's bookstore.
On the flip side, some authors are concerned about the large influence Amazon has over the book market. And this most certainly is a concern.
What's your take on the situation?
Jill Huey is giving away Unbidden, a historical romance today and tomorrow at