Microsoft, Barnes & Noble, Apple, and Amazon: The new Nook deal could actually succeed. – Slate Magazine

When news surfaced that the DOJ was considering bringing e-book price-fixing charges against incumbent publishers for an alleged conspiracy with Apple, I thought it was ridiculous a ridiculous idea, comparable to worrying about a horse-and-buggy cartel five years into the automobile era. When Justice stepped in, it was immediately followed by Apple and Author’s Guild president Scott Turow denouncing the alleged Amazon monopoly that would result. The theory is that Amazon could sell e-books at a loss, drive everyone else out of the market, and then crush publishers and consumers alike.

via Microsoft, Barnes & Noble, Apple, and Amazon: The new Nook deal could actually succeed. – Slate Magazine.

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