It is well worth reading the arstechnica piece on the Apple ebook price collusion verdict in full. This is the perfect case study of what happens in markets where some participants have too much power. It is fascinating to see how at first Amazon was using its then 90% market share in the ebook market to drive prices down (all the while paying wholesale rates to publishers). Then Apple got together with the handful or publishers that control most of the books to come up with a different (and ...

It is well worth reading the arstechnica piece on the Apple ebook price collusion verdict in full. This is the perfect case study of what happens in markets where some participants have too much power. It is fascinating to see how at first Amazon was using its then 90% market share in the ebook market to drive prices down (all the while paying wholesale rates to publishers). Then Apple got together with the handful or publishers that control most of the books to come up with a different (and ...