Ran across this article re Justice Department planning to sue Apple and several other publishers over ebook price collusion:
Last Edited on: 3/8/12 8:45 AM ET - Total times edited: 1
Yeah, this has been in the works for a while.
The question will be, did they get together and pick a price between them all to be the new ebook price? Agency pricing to be able to set their own prices and decline any use of coupons or discounts isn't the problem. But getting together and deciding to all charge the same price so that they cut out all competition between each other is the problem.
I can't find the quote right off, but it was in an interview with Steve Jobs where a reply he made to the new Agency model pricing led people to believe that the price between the Publishers had been agreed upon. Then with the investigations into price fixing overseas for the same publishers started it was clear the investigations would continue into the US.
What I'd like to know is what the individual book buyers would see out of any 'settlement' for ebooks bought during any price fixing period. Probably not much, if anything.