Monday, March 12, 2012

Justice Department Threatens Apple, Publishers over E-Book Pricing; Time, 3/8/12

Jared Newman, Time; Justice Department Threatens Apple, Publishers over E-Book Pricing:

"Did you notice that e-books became a little more expensive after Apple entered the game with iBooks? So did the U.S. Department of Justice, which may be threatening to sue Apple and e-book publishers for allegedly colluding to raise prices.

The Wall Street Journal reports that along with Apple, five publishers are facing a potential government lawsuit: Simon & Schuster, Hachette Book Group, Penguin Group, Macmillan and HarperCollins. Some publishers are trying to settle before the Justice Department takes legal action, but not every publisher is involved in negotiations, the Journal reports."

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