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Update on the lawsuit against several of the big publishers: link.
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The proposed final judgment, the motion contends “represents an unprecedented effort by DOJ to reject its traditional role of ending alleged collusion and to become a super-regulator of thousands of publishing industry participants, the vast majority of whom are not before the Court, in a nascent technology industry DOJ little understands.” If the settlement receives court approval, “the end loser of his unnecessary and burdensome regulatory approach will the American public, who will experience higher overall average e-book and hardback prices and less choice.”
The motion argues that forcing the three publishers to end the agency model, rather than actually punishing the publishers or Apple, would lead to the dismantling of a distribution system that has given rise to a diverse e-book ecosystem that has increased choice in the e-book market. Furthermore, the parties argue, the DoJ provided no rationale explaining why the elimination of the agency model is in the public interest since it is likely that returning to the former sales system would allow Amazon “to continue its below-cost, anticompetitive price [which] will restore Amazon to a monopolistic market share.” |
So the verdict will raise eBook prices by allowing Amazon to lower eBook prices. Maybe I'm missing something. 
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