Apple: “We Broke Amazon’s Monopolistic Grip On The Publishing Industry”

Apple: “We Broke Amazon’s Monopolistic Grip On The Publishing Industry”

The U.S. Department of Justice recently accused Apple of conspiring with book publishers to thwart Amazon’s power over eBook pricing. Today Apple has responded saying that “the DOJ’s accusation of collusion against Apple is simply not true.”

Apple spokesman Tom Neumayr in an official statement to AllThingsD:

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.

Penguin Group, MacMillan, HarperCollins, Hachette, and Simon & Schuster are all included publishers in the DOJ’s claim of collusion. Experts agree that Apple will likely be acquitted of any antitrust charges.

Related
  • Matthew Gonzales Landry

    I buy all of my books from the iBookstore. If its not in the iBookstore I buy the physical edition. There’s no point in buying a book in another store. I just want one store and one set of books. If I ever get a kindle, I’ll buy books on there, but I’m more than happy with my iPad.

  • Adrian Werner

    Riight..thank you Apple for making me pay MORE for ebooks, you did such a big service to all ebook lovers. I have no idea how we will ever repay you for this kindness ;)
    Also..lol, breaking Amazon’s monopolistic grip? That’s like sayin Amazon broke iTunes grip on the publishing industry.
    Fact is, that iBookstore has failed to make a real dent on ebook market.

  • i_bad_apple

    I think what everyone is missing in this issue is all the damage Amazon did to the independent book seller. Amazon was selling books at a loss in order to dominate the book market by forcing independents and larger sellers out of the market – no one sells something at a loss for very long – if you think those prices were going to remain i think you’re mistaken. Amazon was just doing what Microsoft has done many many times in the past – just ask netscape. If the DOJ actually wanted to help someone they should have investigated Amazon years ago.

About the author

Alex HeathAlex Heath has been a staff writer at Cult of Mac for three years. He is also a co-host of the CultCast. He has been quoted by places like the BBC, KRON 4 News, and books like "ICONIC: A Photographic Tribute to Apple Innovation." If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Twitter always works too. All DMs excepted.

(sorry, you need Javascript to see this e-mail address)| Read more posts by .

Posted in News | Tagged: , , , , , |