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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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E-book Price-Fixing Probe

The attorney general of Connecticut is investigating whether e-book makers Apple and Amazon have engaged in pricing fixing with book publishers. In this article on the investigation, I am quoted saying:

Alleged price-fixing agreements in cases like this have but one source: the government's monopolistic grants to e-book makers and publishers through so-called intellectual property laws. In a fully free economy, where ideas cannot be locked up and competitors are free to enter the market, such agreements would have no force whatsoever.

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