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Apple denies DOJ price fixing allegations – my take on @CNN

One story that’s been generating a lot of interest lately is the allegations the Department of Justice are making that Apple worked with major publishers to “fix” the prices of eBooks at higher prices. Amazon and others are hoping that an agreement can be reached so that eBook pricing can be set much lower than they are now, or even sold for a loss. Publishers, meanwhile, who are already operating on razor-thin margins and just trying to keep their businesses alive, assert that deals like the one they made with Apple are keeping them in business and don’t want to see their eBooks devalued. In my latest appearance on CNN, I break it all down and give you Apple’s response.