Friday, 13 April 2012

Apple denies involvement in e-book price fixing


Areport by Bloomberg now elaborates on Apple’s response to the earlier reports about them being sued by the U.S government. Apple, reportedly has come out quite strongly against the allegations put forth by the U.S government, accusing the Cupertino brand of conspiring with book publishers, in a bid to fix the prices of ebooks to shake the Amazon off their dominant position in the market. Earlier reports covering the issue had detailed on the U.S government’s allegations stating that Apple even managed to reach a settlement with three book publishers, seeking to provide consumers with cheaper digital books; for which the U.S government had also sued Apple Inc., along with book publishers Macmillan and Penguin. An Apple spokesperson while denying any such action (conspiring to fix prices of digital books), added that, “fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry.
Apple to launch a new tool for creating ebooks?
Apple to launch a new tool for creating ebooks?


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