Firms found to have identical prices on a number of top titles

Apple and Amazon face e-book pricing probe

Connecticut Attorney General Richard Blumenthal has written to Apple and Amazon asking them to address concerns over their e-book deals with publishers.

He claims that a preliminary review has found identical prices for several bestsellers on both companies’ stores, as well as those of Borders and Barnes & Noble.

"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," Blumenthal said in a statement.

"Such agreements – especially when offered to two of the largest e-book retail competitors in the United States – threaten to encourage coordinated pricing and discourage discounting."

Blumenthal’s comments come as Amazon claims to hold up to 80 per cent of the e-book market.

Get the full story on the probe into the two firms over at Mobile Entertainment.

Check Also

Giacom and DWS appoint James Baker as Chief Alliance and Product Officer

Giacom and Digital Wholesale Solutions (DWS) have appointed James Baker as Chief Alliance and Product …