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U.S. Files Antitrust Suit Against Apple, Publishers

posted on by Ko Ransom

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

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