Publishers also objecting to DOJ's 'draconian' settlement proposal for Apple
The Department of Justice's settlement proposal for Apple was called punitive and draconian by Apple itself, but now the ebook publishers who previously settled with the government are also objecting to the terms. According to Chad Bray of the Wall Street Journal:
Basically, it sounds like the DOJ wants to stop Apple from making more agency-model deals with publishers, and publishers want to make just exactly those kinds of deals again with Apple. So, it's in the publishers' self interest to object on Apple's behalf. No surprise there. They're businesses, they need to do what they feel is best for their business.
Once again, I think simply striking the most favored pricing clause from Apple's deals and forcing them to compete against Amazon, deep discounts or not, would be a better solution for everyone.
We'll see how this plays out.
Source: Wall Street Journal
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.
The DOJ has targeted the lynchpin and took that way from them so damn straight they should suffer for it. Easies way to solve the mess they they (publishers and Apple) created is to remove the key piece and guess what that is Apple. This needed to happen. They caused prices to go up accross the board.