Small Update on the Price Fixing Lawsuit
It kind of seems like this whole thing with the lawsuit over price-fixing of ebooks has just been blowing about in the ether lately. I found a small update today, though. From this post at the Guardian:
Apple and five major book publishers have failed to persuade a US judge to throw out a lawsuit by consumers accusing them of conspiring to raise electronic book prices two years ago. …
HarperCollins, Simon & Schuster and Hachette reached settlements, while Apple and two of the publishers, Macmillan and Penguin, said in court last month they want to go to trial to defend themselves against the government charges.
So the only real update I’ve heard so far is that they won’t be throwing the case out. It sounds like HarperCollins, Simon & Schuster and Hachette must have had to pay a fine, while Apple, Macmillan, and Penguin want to go to trial. The end result of that trial will be fairly important for the publishing industry. This article on The Atlantic does a good job of explaining the whole thing: Confused By the eBook Lawsuit? So Is Everyone Else
On one hand, it appears that the publishers who were involved with this alleged price fixing were breaking the law insofar as that you’re not supposed to team up with your competitors to decide on industry-wide prices. On the other hand, they were attempting to prevent Amazon from becoming an ebook monopoly. I’m no lawyer and I don’t really understand all of the technical details of this stuff, but it will certainly be interesting to see what happens in this trial.
I think that if I were running a big publishing company, I would just try to sell my books at the same price at each store, and then let the customer decide which store and ebook platform they wanted to use. That kind of thing shouldn’t be so difficult, and I hope that in the end things will be simpler for the consumer.