The Apple’s eBook debacle issue

Asked By Lara Barkey 50 points N/A Posted on - 04/16/2012

What does Apple's Ebook debacle suggest for Amazon and the book business in general and how has this affected these book ventures?

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Answered By Gasuku Expen 0 points N/A #132257

The Apple’s eBook debacle issue

 

The Department of Justice of the United States government sued Apple and five publishers for conspiring to raise the price of e-books by setting a minimum price for e-books. This was done for Apple to compete against Amazon in the e-book market. Amazon sold a lot of books under cost or with a small profit margin to boost the sales of the Amazon Kindle e-book reader. 

All of this is good news for consumers, because with out this price control, companies like Amazon will again be able to provide a more economic pricing for e-books. Three of the publishers so far have already settled and will remove the minimum price. All of this doesn’t seem to have affected any book ventures, the e-book industry continues to grow, and will continue to grow as more people buy tablets and e-book readers. Also, this is a big win for Amazon, since they are the dominant force in this market.

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• Posted on - 04/17/2012
• Question Category: Appletalk