April 11, 2012
WASHINGTON--It appears that the DOJ may sue Apple and two other publishers within a week's time. The Justice Department alleges that price-fixing of ebooks for the iPad is in play, and they are already reaching settlements with several of the five publishers under investigation.
In their latest column for Forbes.com, Ayn Rand Center writers Don Watkins and Yaron Brook explain the three things everyone needs to know about the case.
According to Mr. Watkins and Dr. Brook, the threatened antitrust suit would (1) penalize a great company (2) for succeeding in the marketplace through (3) voluntary purchases by an adoring public.
The bottom line, according to the authors, is: "We're talking about free, voluntary contractual arrangements that the government has no business interfering with."
You can read the entire column here.
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Don Watkins is a fellow with the Ayn Rand Center for Individual Rights. He is a columnist at Forbes.com and his op-eds have appeared in such venues as Investor's Business Daily, Christian Science Monitor and CNBC.com.
Yaron Brook is executive director of the Ayn Rand Center for Individual Rights. He is a columnist at Forbes.com and his articles have been featured in major publications such as the Wall Street Journal, USA Today and Investor's Business Daily. Dr. Brook is often interviewed on radio and is a frequent guest on a variety of national TV programs.
To interview Mr. Watkins or Dr. Brook , please contact media@aynrandcenter.org or call 202-609-7470, ext. 202.
For more information on Objectivism's unique point of view, go to ARC's website. The Ayn Rand Center is a division of the Ayn Rand Institute and promotes the philosophy of Ayn Rand, author of Atlas Shrugged and The Fountainhead.
