Connecticut AG Investigating Anti-Competitive E-Book Pricing at Amazon, Apple

e-readers

A short article published by the AP today notes that Connecticut Attorney General Richard Blumenthal is investigating Amazon and Apple for possible anti-competitive measures taken to restrict the e-book market.

Blumenthal notes that Amazon and Apple have "most favored nation" (MFN) agreements with the five major publishers, which aim to deter those publishers from giving discounts to other retailers. Says Blumenthal in a letter to Apple:

"I fully understand that MFN's are not per se illegal...

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Published on August 02, 2010 18:50
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