Originally Posted by CarolPa
I heard today that Amazon will be raising the price on some of it's e-books. It has something to do with Apple and the government. I read about it online and it's a lot of mumbo jumbo I didn't understand. It looks like the e-books that are now $9.99 are going to increase to $12.99 and $14.99. They are fighting it but realize they are going to lose the fight.
You are three years behind on the news, plus you got it totally wrong.
What happened was that Apple got together with publishers just prior to release of the iPad in 2010 to bypass Amazon's 9.99 price for e-books and raise prices.
It was an antitrust lawsuit that brought this to light. The "government" had nothing to do with it, other than the fact that collusion between companies to fix prices for a commodity (including e-books) is illegal, and has been for about 100 years (if not more).
The price increase is over and done with, and Apple and the 5 or 6 publishers it colluded with are the ones who did it. "The government" had nothing to do with it. It was purely a corporate conspiracy.
Amazon isn't fighting ANYTHING. Apple and the associated publishers, however, lost the antitrust lawsuit and are planning an appeal. If they lose again, as seems highly likely, the end result is apt to be a DECREASE in prices, now that the price-fixing ring is basically exposed.