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Apple, Major Publishers Sued Over E-Book Pricing
Posted by Philipp Esselbach on: 04/12/2012 09:13 AM [ Print | 0 comment(s) ]
The Department of Justice is accusing the companies of colluding to raise e-book prices by using the 'agency' model of e-book pricing.
From PCWorld:
Apple, Major Publishers Sued Over E-Book Pricing
The lawsuit, filed in New York district court, names Apple, Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster as defendants, according to Bloomberg.
The Justice Department may announce an antitrust settlement today, presumably with some of the publishers, but unnamed sources told Bloomberg that Apple and Macmillan have refused to negotiate. Penguin may also be preparing for a legal battle.
The Justice Department may announce an antitrust settlement today, presumably with some of the publishers, but unnamed sources told Bloomberg that Apple and Macmillan have refused to negotiate. Penguin may also be preparing for a legal battle.
Apple, Major Publishers Sued Over E-Book Pricing
