Friday, April 13, 2012

Apple: E-Book Claims ‘Not True’


According to the Wall St Journal Apple Inc. broke its silence about the U.S. Department of Justice's allegations that it colluded with publishers over e-book pricing by calling the allegations "simply not true."

Apple spokeswoman Natalie Kerris rebutted the charges Thursday evening. “The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry,” she said, ending the company’s silence on the suit, filed Wednesday morning.

The antitrust suit claims that Apple allowed publishers to set their own prices on Apple’s site, but only if the publishers agreed not to price their e-books lower on any other sites, Amazon included. The Apple spokeswoman compared the practice to that of their app store: “Just as we’ve allowed developers to set prices on the app store, publishers set prices on the iBookstore.”

Read all about it at http://online.wsj.com/article/SB10001424052702304444604577340521893302402.html

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