Justice Dept. files suit against Apple, publishers over e-book pricing
The U.S. Department of Justice filed a lawsuit against Apple and several book publishers this morning, claiming that they worked together to artificially prop up prices for e-books.
The publishers sued were Hachette, HarperCollins, Macmillan, Penguin, and Simon & Schuster. The suit (posted below) was filed in a district court in New York.
"Apple facilitated the publisher defendants' collective effort to end retail price competition by coordinating their transition to an agency model across all retailers," according to the complaint.
Apple and Macmillan haven't engaged in settlement talks with the Justice Department, Bloomberg reported. The companies … Read more