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Technology Stocks : Apple Tankwatch

AAPL 269.64

-0.2%

3:59 PM EST

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To: zax who wrote (18776)	4/11/2012 10:37:39 AM
From: iggyl	Read Replies (2) of 32680

Unless selling and dominating the high end of a market sector becomes a monopoly or making most of the profit in a sector becomes a monopoly then no, you're wrong, and you need to look up the definition of a monopoly. Apple is not being investigated for monopolist activity but rather collusion and price fixing. Their agreement with the publishers hasn't created nor will it create a monopoly. Letting Amazon, however, sell at a loss will ultimately created a monopoly and hurt the publishing industry. The agreement to not allow publishers offer prices to others lower than what's offered to Apple is a problem. "Conspiring" to set prices by the publishers is sort of a problem but word is that authorities would allow a "cooling off" period and have publishers revisit the issue. Apple's position in not agreeing with the government "is Apple and Macmillan have reportedly refused to engage in settlement talks, and have argued that Apple's pricing agreements have enhanced competition in an industry that was previously dominated by Amazon."

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