Wednesday, April 11, 2012

U.S. Sues Apple Over 'Price Fixing' E-Book Deal With Five Major Publishers

Ebooks To Be Cheaper As U.S. Sues Apple Over 'Price Fixing' Deal With Five Major Publishers -- Daily Mail

* Justice Department to sue Apple
* Separate deal with publishers
* Could end 'price fixing' for ebooks
* Ebook prices risen up to 50% in last two years

America's Justice Department could sue Apple as early as Wednesday over alleged electronic book price fixing.

The DoJ will settle with several publishers as early as this week, two people familiar with the matter said.

The case could have major knock-on effects for pricing on electronic books online and on devices such as Amazon's Kindle.

Read more ....

My Comment: Some Publishers are already settling with the Justice Department, and some are predicting that the DoJ will lose their case.

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