Book publishers havereached a village with the Department of Justiceover the e - book terms fixing ring of which Apple was allegedly kingpin . That small town is great news , because it means we ’ll be able to grease one’s palms cheap e - books really shortly .
Apple was accuse of team up up with HarperCollins , Simon & Schuster , and Hachette Book Group to bar Amazon from sell due east - leger at a discount by observe their prices artificially in high spirits . But because of today ’s settlement , the shady partnership is over , and Amazon can goback to peddle e - books at $ 9.99 or modest .
Apple will still have to go to homage next leap to answer to anti - trust allegation , as will two other publisher that did n’t settle — Penguin and Macmillan . A couple of camps might not be so thrilled about the colonisation , however . It could make a bit of a pricing debacle for traditional Holy Writ depot , because book books will never be as cheap as e - books . The other is Amazon competitors . In 2010 , the last time Amazon was capable to sell e - books for $ 9.99 , it had a chokehold on 90 percent of the market , and other retailers struggled to make inroad . Now they reverence they ’re going to be in the same boat all over again .
But bookophiles wallow , you ’re about to get more bang for your bookbuck . [ WSJviaiJailbreak ]
Image credit : Africa Studio / Shutterstock
AmazonBooks
Daily Newsletter
Get the good tech , skill , and refinement news in your inbox daily .
News from the future , surrender to your present tense .
You May Also Like
