In a move that surprised few, the CEO of Macmillan has just announced that Macmillan is accepting the anti-trust settlement which the DOJ has offered to Apple and their 5 c0-conspirers.
Jon Sargent continues to pretend that the original indictment filed by the DOJ in April 2012 doesn’t present a compelling argument that Macmillan and the other 4 publishers conspired with Apple to bring about Agency Pricing Model.
Apple is the only one that has not settled, and I fully expect then to do so in short order. If this goes to trial they will likely have counter and and all of the damning emails that can be found in the archives of the 5 publishers which have now settled.
This is an old story, and one covered in depth repeatedly, broadly, and excessively, so I’m going to leave this post with the comment that I firmly believe the conspirators should have their prize taken away as part of the punishment.