U.S. senator implores DOJ to drop Apple e-book suit | iLounge News

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U.S. senator implores DOJ to drop Apple e-book suit

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By Charles Starrett

Contributing Editor
Published: Thursday, July 19, 2012
News Categories: Apple, iTunes

U.S. Senator Chuck Schumer (D-NY) has penned an open letter the the Department of Justice, asking it to drop its lawsuit against Apple and major publishers. In the suit, the DOJ claims that Apple and the publishers colluded to raise the price of digital books. “While the claim sounds plausible on its face, the suit could wipe out the publishing industry as we know it, making it much harder for young authors to get published,” Schumer writes for the Wall Street Journal. “The suit will restore Amazon to the dominant position atop the e-books market it occupied for years before competition arrived in the form of Apple. If that happens, consumers will be forced to accept whatever prices Amazon sets.”

Schumer goes on to point out that Amazon held a monopoly position in the market before the arrival of the iBookstore, and set the prices for the books itself—many times undercutting the market for hardcopy titles. He also states that “As our economy transitions to digital platforms, we should be celebrating and supporting industries that find ways to adapt and grow”, adding that he believes the suit will “have a deterrent effect not only on publishers but on other industries that are coming up with creative ways to grow and adapt to the Internet”. Finally, the senator calls for new guidelines governing non-merger Justice Department investigations, which should “take a broad, pragmatic view of the market as a whole”.

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Comments

1

Please, let us wipe out the publishing industry as we know it. It deserves to fail, utterly and without mercy if it willingly rips off consumers AND authors with collusion, antiquated practices, and ridiculously unfair profit sharing.

And Mr. Shumer, Amazon held a 70% of eBook sales before the anti-consumer price fixing, not all book sales, just eBook sales. “Ironically”, that’s the same market share Apple enjoys in the media player market, a smaller market share than Apple holds in digital music sales, and yet we don’t call those market holds monopolies because they are not. They are simply dominant market shares, something that can be good or bad for consumers. And the result of jacking up prices for consumers while giving *less* to content creators? Amazon still holds a 60% market share, well that sure worked out well.

Yep, let’s screw the consumer, the content creators, and give special dispensation to behave illegally to Apple because, you know, they’re Apple since we wouldn’t want those big six publishers (located in Shumer’s home state, mere coincidence I am sure) to have to actually adapt to a changing market and consumption model.

Posted by Code Monkey in Midstate New York on July 23, 2012 at 7:44 AM (PDT)

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