If Apple loses the legal case filed against it and book publishers on Wednesday over e-book pricing, will it be deeply wounded in its growing rivalry with Amazon? Not likely, analysts say. If e-book prices plummet as a result of the lawsuit - one possible outcome - chances are the financial impact on Apple will be small.
Apple responded to various aspects of the DOJ's proposed injunction against it in the ebook pricing case. It doesn't want to change the way it does business in the App Store, but agreed to stagger negotiations with book publishers. Read Post
In a filing late Wednesday in response to Apple and book publishers, the Department of Justice reiterates its claim that agency pricing and the alleged conspiracy have resulted in "unmistakable consumer harm," but refuses to release... Read Post