Thread: Reuters: Justice Department ready to sue Apple over ebook price fixing (Updated)
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Old 04-11-2012, 12:30 PM
Reuters: Justice Department ready to sue Apple over ebook price fixing (Updated)

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A report from Reuters suggests the Department of Justice could file a lawsuit against Apple today over alleged ebook price fixing. Publishers involved in the price-fixing scheme are supposedly settling with the government, while Apple has stayed out of the negotiations. As a result, Apple could face legal action by the government as early as Wednesday. Reuters reached out to Apple and the company declined to comment.

Update: A Wall Street Journal report confirms the Justice Department filed an antitrust lawsuit in Manhattan federal court against Apple and five book publishers including Simon & Schuster, HarperCollins, Hachette, Penguin Group (USA) and Macmillan. Sources familiar with the matter claim a settlement has been reached with some of the publishers. U.S. Attorney General Eric Holder is expected to hold a press conference on Wednesday afternoon to discuss "a significant antitrust matter."



Reuters: Justice Department ready to sue Apple over ebook price fixing (Updated) originally appeared on TUAW - The Unofficial Apple Weblog on Wed, 11 Apr 2012 09:29:00 EST. Please see our terms for use of feeds.




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