Book publishers have reached a settlement with the Department of Justice over the e-book price fixing ring of which Apple was allegedly kingpin. That settlement is great news, because it means we’ll be able to buy cheaper e-books really soon. Apple was accused of teaming up with HarperCollins, Simon & Schuster, and Hachette Book Group to bar Amazon from selling e-books at a discount by keeping their prices artificially high. But because of today’s settlement, the shady partnership is over, and Amazon can go back to peddling e-books at $9.99 or lower. Read the full story at Gizmodo.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.