As explained by Ars Technica, HarperCollins Publishers, Hachette Book Group, Macmillan Publishers, Penguin Group, Simon & Schuster, and Apple accomplished the alleged e-book price fixing in a two-step process.
First, Apple allegedly agreed to sell at a price set by the publishers, taking only a cut of the proceeds.
From the perspective of in house counsel, the most concerning thing about these allegations shouldn’t be that they may be true, but that Apple CEO Jobs has made well-publicized statements that indicate that they are true.
Why would he say this? How was he able to confidently predict the future?
There may be a viable (and legal) explanation, but Steve Jobs certainly hasn’t helped his lawyers, who must now contend with evidence that shows he was complicit in the alleged e-book price fixing.
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