Apple guilty of conspiring to raise e-book prices.

I’m always surprised that e-book prices aren’t lower – no production, storage, distribution costs.

Paying The Price

Book price,
list price,
this price,
that price,
what’s the price we need to cut a deal?
Cut-price,
best price,
net price,
fixed price,
what’s the price we need to charge for real?
Price match,
price break,
it’s time to make
a price fix –
we’re in the mix with dirty tricks.
Price war,
that’s for sure,
with Amazon
the only one
we’re gunning for
so we can launch the i-book store.
Ducking, diving,
we’re conniving;
a frigging, jigging,
price rigging
cartel
you can tell, but all’s not well.
We’re found out,
there’s no doubt,
our covert op’s been undermined.
It’s anti-trust,
now we must
pay the price.
Six publishers and Apple are all fined.

 

10th July 2013 – headline from the Guardian

Notes:  “Federal judge finds Apple guilty of conspiring to raise ebook prices.”  Apple has been found guilty of conspiring with book publishers to raise ebook prices, in one of the biggest anti-trust lawsuits ever brought by US federal authorities.  The US Department of Justice said the conspiracy was created to challenge Amazon’s dominance in the ebook market. The publishers and Apple sought to raise e-book prices above the $9.99 price tag favoured by Amazon.

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