Thursday, March 08, 2012

Collusion! Apple, Publisher Partners Accused Of Raising E-Book Prices

Justice Department May Sue Apple, Publishers On E-Books -- Reuters

(Reuters) - The Justice Department has warned Apple (AAPL.O) and five major publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said on Thursday.

Several parties have held talks to settle the potential antitrust case, said the person, who was not authorized to speak publicly on the matter.

The five publishers facing possible Justice Department action are Simon & Schuster Inc, a unit of CBS Corp (CBS.N); Lagardere SCA's (LAGA.PA) Hachette Book Group; Pearson Plc's (PSON.L) Penguin Group (USA); Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH; and HarperCollins Publishers Inc, a unit of News Corp (NWSA.O).

U.S. and European officials have been investigating whether e-book publishers and Apple fixed prices in the growing electronic book industry, blocking rivals and hurting consumers.

Read more

More News On The Justice Department Investigating Apple Over E-Book Pricing

U.S. Warns Apple, Publishers -- Wall Street Journal
Apple, publishers threatened with Justice lawsuits, report says -- Washington Post
Apple, book publishers facing potential US suit: WSJ -- AFP
DOJ targets Apple and publishers for e-book price fixing -- CNN
Publishers could face legal action over ebook prices -- The Guardian
Government Pressuring Publishers to Adjust Pricing Policy on E-Books -- New York Times
Apple, publishers in DOJ crosshairs over e-book prices -- MSNBC
U.S. reportedly warns Apple, e-book publishers about price-fixing -- L.A. Times
Report: U.S. threatens Apple, book publishers with price collusion suit -- Seattle PI
DOJ Threatens Apple, Book Publishers with Lawsuit Regarding E-Book Sales -- Daily Tech

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