“This was actually an attempt by publishers to regain control over their e-book pricing from retailers, and ended when publishers signed consent decrees with the government. This should be the end of the story but instead the government now wants to appoint a monitor who will review all Apple pricing for the next ten years. No economy can thrive without an honest and unmanipulated price system, as the Soviet Union demonstrated so vividly by collapsing. Yet we are at a moment in which our government wants to control more and more prices throughout the economy, now even wanting to control a leading technology company’s prices for a decade.”
Related posts:
Y Combinator-backed Coinbase now selling over $1M Bitcoin per month
Police Department Planted Drugs on Young Black Men For Years; D.A. Complicit
Jeff Sessions' Days Numbered, But His Replacements Aren't Much Better
Southern California Cities Further Reject Red Light Cameras
Under the Microscope: The Real Costs of a Dollar
The Dark Side of the iPhone 5S Lines
U.S. States Push to Bring Back Gold Standard
Europe’s Bailout Rebound Lasts Three Hours. Reverses Despite Panicked EU Minister Tweet.
Google Acquires Titan Aerospace, High-Altitude Drone Startup
Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
Kentucky Appeals Court Upholds Random License Plate Scans
'Pawn Stars' Owner: Selling Personal Gold At A Loss For Tax Writeoff, Then Buying Back
Airbnb Pressured Into Starting To Collect Hotel Taxes In San Francisco
Mastercard and Visa Start Banning VPN Providers
McConnell Stays Quiet As Congress Moves To Strike Syria
