Did Apple Leave Amazon’s Kindle “in the Dust”?

The Misfortune Of Knowing

conclusion of apple caseIn The Judge that Apple Hates (June 2014), Vanity Fair profiles the federal judge at the helm of United States v. Apple Inc., the case filed by the U.S. Department of Justice against Apple and five traditional publishing companies.

Last summer, in a 160-page landmark opinion, Judge Denise Cote found that Apple and five traditional publishing companies “conspired to raise, fix, and stabilize the retail price for newly released and bestselling trade e-books” in violation of the Sherman Antitrust Act and other laws, thus explaining “how and why the prices for many [e-books] rose significantly in the United States in April 2010.” All of the publishers had previously settled.

The collusion came in response to Amazon’s e-book pricing, which typically sold new releases for $9.99, regardless of what price the publisher wanted. The publishers wanted e-books to cost more, but didn’t want to leave Amazon, and so Apple came…

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