More intrigue in the digital publishing war between publishers and e-book retailers. Connecticut and Texas Attorneys General have already initiated inquiries into price-fixing by Amazon and Apple.
CNN Money dot com published this article by Annalyn Censky:
In the e-book price wars, Apple and Amazon might be enjoying an unfair advantage, Connecticut's Attorney General Richard Blumenthal said Monday as he announced an investigation of their contracts with book publishers.
Blumenthal fired off letters to each company requesting that their attorneys schedule a meeting with his office to discuss their deals with five of the largest e-book publishers in the U.S.: Macmillan, Simon & Schuster, Hachette, HarperCollins and Penguin.
Both Amazon (AMZN, Fortune 500) and Apple (AAPL, Fortune 500) have agreements with those publishers that ensure they'll receive the best prices for e-books over any of their competitors, Blumenthal said in a prepared statement.
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