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e-book price-fixing

DOJ: Apple colluded with publishers to raise e-book prices

Apple violated antitrust laws by colluding with book publishers to raise the price of e-books in an effort "to strip retailers of pricing authority," federal prosecutors said in a court filing released Tuesday, according to Bloomberg.

In an antitrust lawsuit filed by the U.S. Department of Justice in April 2012, the government accused Apple and five book publishers of conspiring to illegally fix e-book prices to boost profits and force e-book rival Amazon to abandon its discount pricing. All five of the publishers involved -- Hachette Book Group, HarperCollins Publishers, Simon & Schuster (owned by CBS, which … Read more

E-book junkie? Amazon may have some money for you

If you've been a regular buyer of Kindle e-books for the last couple of years, Amazon has what might turn out to be a little good news for you.

The company has posted an FAQ about a credit that may become due to certain e-book buyers as a result of antitrust settlements reached in April between the Justice Department and the publishers Hachette, Harper Collins, and Simon & Schuster. (Amazon was not a party to the lawsuit in question, which involved allegations of price fixing between these publishers, two others, and Apple.)

If the settlement deals are approved by … Read more