Thursday, July 26, 2012

The People vs. Apple

The U.S. DoJ has slammed Apple and several major book publishers with a suit alleging price-fixing in the e-book market. Apple, according to the suit, worked with publishers to foist a new business model onto the e-book industry -- one that took pricing controls away from retailers. Meanwhile, Nokia and Microsoft got serious, Facebook got Instagram, and Best Buy's CEO got out of Dodge.

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