Apple Feels Schadenfreude as Amazon is Accused of eBook Price Fixing

Nine years after an investigation found that Apple and the “Big Five” book publishers colluded to fix eBook prices to compete with Amazon, Amazon has now been accused of doing the same.
The lawsuit claims that almost 90% of all ebooks sold in the US are sold on Amazon, in addition to over 50% of all print books. The suit alleges that ebook prices dropped in 2013 and 2014 after Apple and major publishers were successfully sued for conspiring to set ebook prices, but rose again after Amazon renegotiated their contracts in 2015.
Tags: Amazon, ebooks, reading