EU: Apple Is At The Head Of An E-Book ‘Cartel’!

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Photo by Nine is the Magic Number - http://flic.kr/p/af6ZBL
Photo by Nine is the Magic Number - http://flic.kr/p/af6ZBL

Did Apple conspire with major publishers to increase e-book prices? The European Commission has launched an antitrust probe of Apple and five publishers amid claims the industry was “terrified” by Amazon’s $9.99 e-book push. At the heart is Apple’s iBookstore and the tech giant’s “agency model” that a California lawsuit charges inflated book prices.