News U.S. Files Antitrust Suit Against Apple, Publishers
posted on 2012-04-11 23:54 EDT
The U.S. Department of Justice filed a civil antitrust lawsuit on Wednesday against Apple and the publishers Hachette Book Group, Simon & Schuster, Penguin Group, HarperCollins and Macmillan. The suit charges the companies with colluding to raise e-book prices through the use of the "agency model," where publishers, not booksellers, set book prices. According to reports, Simon & Schuster, Hachette Book Group, and HarperCollins have agreed to settle with the Department of Justice.
Source: Publishers Weekly