by Mike Masnick
Mon, Jun 11th 2012 3:03am
Joe Betsill points us to the news that Barnes & Noble is the latest to weigh in on the price-fixing case against Apple and some publishers over ebook pricing. It's really bizarre. At best, it can be summed up as "we have to stop Amazon from offering cheap books, because if they do that, then we (Barnes & Noble) might go out of business, and then Amazon would be all alone and it might raise prices." Yes, the argument is that we're better off having expensive ebooks today, because if we don't, we might have expensive books in the future. I'm still trying to figure out how that makes any sense. At all.
If you liked this post, you may also be interested in...
- Supreme Court Adds Yet Another Smackdown To Patent Court, Says It Misinterpreted Patent Law In Apple/Samsung Case
- FCC Warns AT&T, Verizon They're Violating Net Neutrality With Zero Rating Schemes
- Amazon Looking To Expand Prime Into Live-Streamed Major Sports
- Comcast Loses Just $5.50 Per Month When You Cut The Cord Thanks To Its Growing Broadband Monopoly
- Wall Street Is Dreaming Of Megamergers Under Trump -- Including A Verizon-Comcast Super Union