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Friday, March 29, 2024
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Talking Heads Discussion

Apr 12, 2012
Headline: "How Apple's Steve Jobs and Book Publishers Cost Consumers Millions"" [""The lawsuit provides a rare glimpse into the secret negotiations and hardball tactics employed by the publishers and Apple, who were allegedly intent on defeating Amazon's strategy of discount e-book bestsellers. The publishers were terrified that lower e-book prices could empower Amazon, threatening their grip on the book industry. Apple was only too happy to participate, using its own, iPad-fueled market power to convince the publishers to join a scheme that would deal a blow to Amazon, its e-commerce rival.""] Time


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