Apple, Publishers Accused Of E-Book Price-Fixing

Law360, New York (August 9, 2011, 8:39 PM EDT) -- Apple Inc. and five of the top publishing companies in the U.S. were hit with a putative antitrust class action in California federal court on Tuesday accusing the companies of conspiring to illegally fix prices for e-books.

The suit claims Apple worked with Hachette Book Group, HarperCollins Publishers Inc., Macmillan Publishers Ltd., Penguin Group USA Inc. and Simon & Schuster Inc. to combat Inc.'s efforts to corner the e-book market by coordinating to change the pricing model for e-books from a wholesale pricing model to...
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