Connecticut’s Attorney General Richard Blumenthal thinks that eBook pricing may be anti-competitive.
The AG is investigating whether deals between major book publishers and Amazon and Apple lead to less competition when it comes to book prices.
Blumenthal stated: “These agreements among publishers, Amazon and Apple appear to have already resulted in uniform prices for many of the most popular e-books — potentially depriving consumers of competitive prices.”
This is interesting, considering the fact that Amazon only recently made deals with the publishing houses on eBook pricing. CNET points out: “Ironically, of course, Amazon did not want to enter into the current agreements but was forced to after four out of the five major publishers signed on with Apple and moved to an ‘agency model’ that would allow publishers, not the e-tailer, to set prices for e-books.”
With pricing so all over the place, it will be hard to determine what is a competitive price.