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HindustanTimes Fri,25 Jul 2014

Apple’s effect on e-books

AFP  Washington DC, July 12, 2013
First Published: 22:11 IST(12/7/2013) | Last Updated: 22:14 IST(12/7/2013)

A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies, analysts say.

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It may even allow rival Amazon to cement its dominance.“If permitted Apple would have raised numerous market prices,” said an antitrust lawyer familiar with the case.


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Govt has no proposal to reduce gold import duty: Nirmala Sitharaman

India, the world's second-biggest gold consumer, does not have any current proposal to cut the record 10% import duty on gold, minister of state for finance Nirmala Sitharaman said on Friday.

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