Old-Fashioned Conspiracy In Cutting-Edge Technology

Law360, New York (May 16, 2012, 1:53 PM EDT) -- What is an electronic book worth? You may have thought your $9.99 best seller was a good deal, but according to the U.S. Department of Justice (DOJ), you’re paying too much.

U.S. Attorney General Eric Holder, speaking at an e-book press conference on April 11, 2012, alleged that the price for e-books published by several of the largest publishers has likely been fixed and unduly inflated due to a blatant conspiracy at the highest executive levels between Apple Inc. and several publishing titans.

While e-books are...
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