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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.

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