Breaking: Connecticut AG Investigates Apple and Amazon for Possible Antitrust Violations Concerning E-Books

E-books such as the Kindle, E-reader and Niche are all the rage. As it turns out, the major players in the industry – the equipment maker (Apple), the distributor (Amazon) and the content provider (the publishers) – may have colluded to set prices and to avoid competition from smaller publishers. The story is here.
This could be huge. The market for e-books is growing exponentially (and some analysts predict it will be the beginning of the end for print publishing). Consumers benefit from having bookstores compete for business by lowering prices and by putting pressure on publishers to lower their prices. If there is any collusion between or among these industry players, it would only hurt consumers and booklovers.