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Amazon to cut eBook prices, shaking rivals

mspohr (589790) writes | about 2 years ago

Apple 0

mspohr (589790) writes "Looks like that didn't take long. As soon as the Justice Department announced a lawsuit against Apple and several publishers, Amazon will be going back to its old cheaper eBook pricing that they were forced to abandon when Apple and the publishers introduced "agency pricing".
From the article (NYT semi-paywall):
"As soon as the Department of Justice announced Wednesday that it was suing five major publishers and Apple on price-fixing charges, and simultaneously settling with three of them, Amazon announced plans to push down prices on e-books. The price of some major titles could fall to $9.99 or less from $14.99, saving voracious readers a bundle. ""

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