MLA Gold Award Site

Apple calls charges of collusion "simply not true"

BookBrowse News - The Full Story

Apple calls charges of collusion "simply not true"

Apr 13 2012

A day after the Justice Department filed suit against Apple and five publishers over the agency model for e-books, Apple called the charges of collusion "simply not true."

Quoted in the Wall Street Journal, Apple spokeswoman Natalie Kerris said, "The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry." She said, too, that the company uses something like the agency model in other areas. "Just as we've allowed developers to set prices on the App Store, publishers set prices on the iBookstore," she said.

Barnes & Noble's stock took a hit on the news that the Justice Department was filing suit against Apple and five of the six major publishers (three of which have already announced that they will settle rather than face the enormous costs of fighting a case against a government agency) because, as Forrester analyst James McQuivey points out, heavy e-book discounting resulting from the suit will create a huge problem for Barnes & Noble as "Amazon is building a tremendous customer relationship that they can monetize across many categories of goods, not just books. Even if they decide to take a hit on e-books, they can find other places to make up that margin. Barnes & Noble doesn't have that same luxury."

The irony is that, from a strictly financial point of view, publishers are better off selling e-books on a traditional sales basis, even if heavily discounted.

More News Stories

Support BookBrowse

Become a Member and discover books that entertain, engage & enlighten!

Join Today!

Book Discussion
Book Jacket
Victoria
by Daisy Goodwin

"A hit…The research is impeccable, the attention to detail, perfect." - The Sunday Mirror (UK)

About the book
Join the discussion!

First Impressions

  • Book Jacket

    Lillian Boxfish Takes a Walk
    by Kathleen Rooney

    "Effervescent with verve, wit, and heart" - Booklist, starred review

    Read Member Reviews

Win this book!
Win No Man's Land

No Man's Land
by Simon Tolkien

Inspired by the experiences of his grandfather, J. R. R. Tolkien, during World War I.

Enter

Editor's Choice

  • Book Jacket: Ruler of the Night
    Ruler of the Night
    by David Morrell
    Amateur sleuth Thomas De Quincey is back in a mystery set in Victorian England. This time, he and ...
  • Book Jacket: A List of Cages
    A List of Cages
    by Robin Roe
    Robin Roe has written one helluva young adult debut novel. Alternating first person narratives by a ...
  • Book Jacket: Homesick for Another World
    Homesick for Another World
    by Ottessa Moshfegh
    The frizzy, freaky, funky, and frazzled all pile on in this much anticipated short story collection ...

Word Play

Solve this clue:

H W S W T Devil S H A L S

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.