Seeking Alpha

The DOJ vs. Apple case: Amazon (AMZN) exec Russell Grandinetti testifed the company was...

The DOJ vs. Apple case: Amazon (AMZN) exec Russell Grandinetti testifed the company was delivered an ultimatum by publishers that they would withhold books if it didn't abandon its pricing structure. After some tense negotiations, Amazon relinquished control of its pricing and went to the model the DOJ maintains Apple helped force upon the e-book industry.
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