Book Publishers and Apple’s Steve Jobs Cost Readers Millions
The complaint against Apple and five major publishers made by the Department of Justice reads like a case study: A powerful, entrenched industry desperately tries to confront an economic disruption caused by the rise of a new innovation in technology, only to face charges of breaking federal law. When threatened by an upstart, potentially existential digital rival, five major publishing houses joined with Apple in a conspiracy to raise e-book prices, costing consumers millions of dollars....
