The U.S. Justice Department told Apple Inc. (AAPL) and five publishers that it’s preparing to sue them for allegedly fixing the prices of electronic books, according to a person familiar with the matter.*** The publishers involved in the case are Lagardere SCA (MMB)’s Hachette Book Group, News Corp. (NWSA)’s HarperCollins Publishers, Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH, CBS Corp. (CBS)’s Simon & Schuster and Pearson Plc (PSON)’s Penguin Group (USA), the person said.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Thursday, March 8, 2012
US To Sue Apple And Publishers For E-Book Price Fixing
Posted By Milton Recht
From Bloomberg, "U.S. Prepares Apple Lawsuit Over E-Book Prices" By Jeff Bliss and Sara Forden:
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