New Agency Pricing lawsuit filed
Another anti-trust lawsuit has been filed to day, which now makes (I believe) 4 lawsuits in process in various parts of the US. ( Can you believe that it’s only been 2 weeks since the first lawsuit was filed?)
Like the others, this is a class-action suit. It was filed by Finkelstein Thompson and it goes after all of the Big 6 publishers (and Apple). There’s no word on the umber of defendants but it looks like Finkelstein Thompson have decided to complicate the issue by also suing under anti-trust laws for the states of CA and MD as well as under federal laws. That could get interesting.
But other than as a technical matter, this really isn’t all that interesting. These lawsuits won’t settle anything in any reasonable amount of time.
Remember, the Google Books lawsuit is still going on after 6 years. If this suit is resolved in less than that then I will be terribly surprised. In fact, I ;ve said it before but it bears repeating. By the time this lawsuit is settled, the ebook market will have changed enough that the settlement will look a little ridiculous as well as irrelevant.