Re:Apple gets smacked by $450M e-book price-fixing fine
by 6stringmerc on Monday March 07, 2016 @03:33PM
(#11241403)
As you note, the circumstance surrounding this particular anti-trust case isn't the most clear, but I think it does make sense when drawn out a bit more:
Consumers were 'harmed' by the actions taken by Apple to approach and collude with publishers to break a monopoly that would benefit the publishers and Apple more than the consumers, even though the publishers felt they had no choice but to deal with Amazon and accept is loss-leader business model.
It doesn't seem rational that breaking up a monopoly would be worse for consumers, but based on the situation of this Apple/Publishers/Amazon case, that's essentially what was argued and the court system agreed at the end of the case(s).
Consumers were 'harmed' by the actions taken by Apple to approach and collude with publishers to break a monopoly that would benefit the publishers and Apple more than the consumers, even though the publishers felt they had no choice but to deal with Amazon and accept is loss-leader business model.
It doesn't seem rational that breaking up a monopoly would be worse for consumers, but based on the situation of this Apple/Publishers/Amazon case, that's essentially what was argued and the court system agreed at the end of the case(s).