Last updated: April 19, 2012 - 4:27pm
Nearly two days after the Department of Justice filed antitrust charges against Apple and major book publishers, Apple responded:
“The DOJ’s accusation of collusion against Apple is simply not true. The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry. Since then customers have benefited from eBooks that are more interactive and engaging. Just as we’ve allowed developers to set prices on the App Store, publishers set prices on the iBookstore.”
It’s worth noting that Apple’s pricing policy with books and apps differs from the setup it has with the music industry. In that relationship, Apple pays the music labels a wholesale price for their digital assets, and then sets the retail price itself.
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