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.
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
Three independent bookstores lost an effort to sue Amazon and the Big 6 publishers over "digital rights management" systems that prevent users from transferring books off of Kindle devices and apps. Read Post