Brilliant insight by David Gaughran. Required reading for self-pubs.
On Thursday it was reported that the U.S. Justice Department was preparing to sue five of the largest publishers, and Apple, for (allegedly) colluding to fix e-book prices. Despite the shock expressed in some quarters, this is hardly a bolt from the blue.
It’s almost a year since the European Union raided the offices of several publishers in France, Italy, and Germany, kicking off their own Europe-wide anti-trust investigation – later folding into that probe a similar move by the Competition Authority in the UK to examine the Agency Agreement.
It was also widely reported late last year that a U.S. Justice Department investigation, along similar lines, had commenced.
On top of that, it’s over six months since the law firm of Hagens Berman announced a class action suit against the same five publishers, and Apple, for the (alleged) price-fixing of e-books. (Interestingly, the same firm which launched a…
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