US Sues Apple and Major Publishers Over E-Book Price Fixing

The Justice Department has filed an anti-trust lawsuit against Apple and five major publishers over allegations of pricing fixing of E-books. The lawsuit, filed in U.S. District Court in Manhattan, alleges that Apple and publishers Simon & Schuster, HarperCollins, MacMillan, Hachette and Pearson agreed to fix the price of e-books ahead of the debut of Apple's iPad in 2010 as ebooks gained popularity with the rise of Amazon's Kindle in 2007. "Beginning in the summer of 2009, we allege that...Full Story
Commenting on this article is closed.