Where does agency pricing go from here?

The Associated Press has reported that the U.S. Justice Department and 15 states filed a lawsuit Wednesday against Apple Inc. and Holtzbrinck Publishers, doing business as Macmillan, and The Penguin Publishing Co. Ltd., doing business as Penguin Group. The federal government reached a settlement with three of the publishers, Hachette, HarperCollins, and Simon & Shuster, but Apple and the other two Big 5 publishers refused to settle. What is most interesting about this is that, as the article states: According to court papers, the settlement agreement reached with three publishers Read More …