DOJ Sues Apple, Publishers For E-Book Price-Fixing

Law360, New York (April 11, 2012, 1:38 PM EDT) -- The U.S. Department of Justice accused Apple Inc. and five publishers Wednesday of conspiring to hike the price for e-books by changing the sales model for the digital products, and three of the publishers immediately settled with the antitrust watchdog.

The regulator claims that Apple and the publishers — Hachette Book Group Inc., HarperCollins Publishers LLC, Penguin Group USA Inc., Simon & Schuster Inc. and Holtzbrinck Publishers LLC, which operates as Macmillan — agreed to switch to the so-called agency model around the time Apple began...
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