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...
- Redaction Failure In FTC/Amazon Decision Inadvertently Allows Public To See Stuff It Should Have Been Able To See Anyway
- Ted Cruz Pushing Bill Protecting Large ISPs From Competition
- EU Regulators Can Barely Contain Their Desire To Attack Google And Facebook, Believing It Will Help Local Competitors
- Senators Burr & Feinstein Write Ridiculous Ignorant Op-Ed To Go With Their Ridiculous Ignorant Bill
- The Cable Industry Threatens To Sue If FCC Tries To Bring Competition To Cable Set Top Boxes