If you’ve wondered recently why prices for e-books seem high, let me tell you why a failure of antitrust law might be (partly) to blame.
A government antitrust lawsuit a decade ago that was intended to push down prices helped lead instead to higher ones.
The outcome suggests that the U.S. government’s lawsuits against Google and Facebook and a just-announced Connecticut antitrust investigation into Amazon’s e-book business may not have the desired effects, even if the governments win.
