I guess the part I found most interesting/amusing about the DOJ lawsuit against Apple et al is this:
They spelled Picholine wrong, for starters. Another is the sort of blind item in Paragraph 41 – who ARE those CEOs, both the American subsidiary and the European corporation? (Share your guesses in the comments. Anyone guessing Hachette gets a homemade hush puppy.)
But beyond the trivia (and $195 16-course tasting meals is the extent of the salaciousness – this is book publishing, after all), I am wondering – what other industries permit agency pricing? In what other sector do you find manufacturers setting the prices and retailers having to, essentially, like it or lump it at a certain percentage?
The only instance I know of is TekServe. An Apple repair shop/seller, TekServe cannot by contract undercut any of Apple’s prices. In some cases they can’t even offer the same deals that Apple does (the back-to-school deal, for example, where a student gets an iPod Touch thrown in with a Macbook).
Mike Cane points out another interesting Apple twist – that of in-app purchasing. He does make a very good point.
If this stuff keeps unwinding today, I’m going to need one of these: