Apple case cracks open e-books, digital goods pricing
Published on Jul 12, 2013 10:42 AM
WASHINGTON (AFP) - A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies, analysts say.
Wednesday's decision by a federal judge also may allow online retail giant Amazon to cement its dominance, though pricing models are still evolving.
"The consumer is the huge winner," said David Balto, a Washington antitrust lawyer and former policy director for the Federal Trade Commission.
"Apple's policies clearly increased prices, and if permitted Apple would have used this formula to raise prices in numerous markets. This is a landmark decision that demonstrates the value of strong antitrust enforcement."
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