What Is “Below Cost” In E-Book Pricing?

 Today’s big overnight news is that Apple has settled with consumers and states in a pricing suit, the details of the settlement as yet undisclosed. Don’t worry: you won’t have to register a $10,000 windfall with the IRS because Apple asked publishers to raise prices and force Amazon to do the same in order to beat Bezo’s $9.99 stranglehold on the e-book giant.… Read More