In 2013 and 2014, a federal judge ruled that Apple colluded with five major U.S. publishers to
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In 2013 and 2014, a federal judge ruled that Apple colluded with five major U.S. publishers to drive up the prices of e-books (which could be read on Apple’s iPad). Apple collects a 30% commission on the price of a book from the publisher. Why would Apple want to help publishers raise their price? Given Apple’s commission, what price would a book cartel want to set?
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Related Book For
Managerial Economics and Strategy
ISBN: 978-0134167879
2nd edition
Authors: Jeffrey M. Perloff, James A. Brander
Question Posted:
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