Last week everyone was off to the races with speculation about what a settlement between big agency ebook publishers and the Justice Department might look like, but a measure of caution and patience is recommended on a number of fronts. Washington Post columnist Steve Pearlstein said over the weekend that settlement discussions “largely focus on two provisions of the publishers’ contract with Apple: one that prohibits the publishers from entering into ‘wholesale’ arrangements with Amazon or any other major distributor, and a second that guarantees that no other distributor will be allowed to sell books for less than Apple. It […]