Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday 13 April 2012
US Government Sues Apple in E-book Scandal
The US Justice Department is suing technology company Apple and five book publishers for price fixing. The Department apparently has evidence of meetings between book publishing CEOs involved in negotiating prices amongst themselves, and of the late Apple CEO Steve Jobs laying out a blatant price fixing plan. The publishers are accused of significantly raising e-book prices above those of their competitors, with Apple scooping up a hefty share of the profits. Rob Reynolds reports from the Apple headquarters in Cupertino, California.
