This has been up on YouTube since September 2011 but I saw it for the first time only today — and on TV. Maybe some of you haven’t seen it yet too.
Daily Archives: March 8, 2012
The Justice Department believes that Apple and the publishers acted in concert to raise prices across the industry, and is prepared to sue them for violating federal antitrust laws, the people familiar with the matter said.
The publishers have denied acting jointly to raise prices. They have told investigators that the shift to agency pricing enhanced competition in the industry by allowing more electronic booksellers to thrive.
What absolute bullshit.
An inefficient industry that cannot adapt to a changing marketplace and that does its best to hamper change, loot consumer pocketbooks, and artificially prop up its profits is not an industry that deserves to survive in the 21st century.