Senator Charles Schumer of New York (right) appealed to the U.S. Department of Justice yesterday in the Wall Street Journal to drop its lawsuit against Apple and a number of major publishers.
The DOJ alleges that Apple and the publishers colluded to raise prices in the ebook market. Schumer states that "the suit will restore Amazon to the dominant position atop the e-books market it occupied for years before competition arrived in the form of Apple. If that happens, consumers will be forced to accept whatever prices Amazon sets."
Schumer points out in his guest editorial that after Apple entered the market with iBooks, competition increased. Amazon's market share fell from