Apple shook up the e-book market with the recent introduction of iBookstore, its new e-book marketplace that is slated to debut on the iPad. Additionally, Apple partnered with five of the largest book publishers in a deal that would allow the publisher to set the prices of e-books to $12.99 to $14.99, and offered a profit-sharing arrangement in which Apple would take a 30% cut. Publishers boasted of their success and bullied Amazon into raising its Kindle e-book prices to the same price point set by Apple. Al...

Days after Macmillan books disappeared from Amazon’s inventory due to a feud over pricing, Amazon has confirmed that it has caved to Macmillan’s demands and will be raising the prices of Macmillan e-books from $9.99 to $12.99-$14.99 for hardcover and bestselling editions. The online retail giant expressed its strong disagreement with this pricing but decided to still offer the books to customers who can decide with their wallets whether they want to purchase Macmillan e-books at at what it calls &...