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Submission + - E-book Agency Model struck down (scribd.com)

icebike writes: Federal Judge rules against the Agency Model devised by publishers to fix the price of e-Books (as well as paper books) by preventing retailers from setting their own prices, offering loss-leaders, or sales. Still not agreeing to the settlement is Apple, whose entry into the e-book business gave the publishers their foot in the door to impose the Agency Model. (Some suggest Apple may be in bigger trouble than the publishers). Refunds are likely to be imposed for book buyers. Link above contains entire ruling.

A rock store eventually closed down; they were taking too much for granite.