While everyone is consumed with deciphering how the bid by Google (GOOG) to acquire Motorola Mobility Motorola Mobility (MMI) will affect the dominance of Apple (AAPL) in the smartphone market, Apple has other fights on its hands. Among them is a class-action lawsuit filed recently that alleges the company conspired with major book publishers to keep e-book prices high by implementing the so-called "agency model," which allowed publishers to set the price instead of Apple. Was this an actual conspiracy, or was it just a way for Apple and the publishers to compete with the dominance by Amazon (AMZN) over the growing market for electronic books?
from Business Week
Yellow Cucumbers Edible
2 years ago
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