Hi AppNewser readers - we're now a part of Mediabistro's SocialTimes.com. For more great App news, reviews, guides and tips, head over to InsideMobileApps.

How Barnes & Noble Is Affected By DOJ Lawsuit

The Justice Department’s lawsuits against five of the big six publishers over the eBook agency pricing model, Barnes & Noble has been put in a tough spot.

The Wall Street Journal has more: “Barnes & Noble Inc. bore the brunt of Wednesday’s antitrust settlement between the U.S. government and three major book publishers, losing 6.4% of its market value on Thursday alone and tumbling 17% this month.”

The movement away from an agency pricing model favors Amazon, who can afford to offer competitive discounts on bestsellers. The giant may be slow to jump on the opportunity. James McQuivey, principal analyst at Forrester, told Digital Book World, ”Amazon is going to want to bring prices down but they’re going to do it strategically. Amazon will lower prices with some best-sellers first, but they’re not going to cut across the board.”

Related Stories
Mediabistro Course

Email Marketing

Email MarketingStarting January 12, learn how to create campaigns that engage subscribers, increase awareness, and drive traffic and sales! In this course, you'll learn how to create effective email campaigns to meet your company's goals and objectives, develop copywriting and design techniques, create and manage distribution lists, and more! Register now!