As the popularity and success of the e-book industry continues to grow, so do the prices of the books, according to a number of readers and more importantly, the U.S. Department of Justice.
According to this article by The Huffington Post, Apple and a number of other top publishers are facing a possible lawsuit regarding collusion, for allegedly raising e-book prices. In addition to Apple, Simon & Schuster, HarperCollins, Hachette Book Group, Penguin Group and Macmillan also faces possible charges.
U.S. and European officials allege Apple and the others raised prices as a means to block rivals like Amazon from being able to offer cheaper books. The “agency model” that was in adopted in 2010 gives publishers the right to set their own e-book prices, giving Apple 30% of the cut. This model eliminated the “wholesale model,” which gave retailers the ability to set their own e-book prices.
And in addition to the new possible Apple is already under fire, dealing with a class-action lawsuit filed by consumers with similar allegations.
I personally haven’t noticed raised e-book prices, but it wouldn’t surprise me if some illegal collusion was going on behind the scenes. What do you guys think? Have you notices a price increase for e-books?