Thursday, March 8, 2012

US To Sue Apple And Publishers For E-Book Price Fixing

From Bloomberg, "U.S. Prepares Apple Lawsuit Over E-Book Prices" By Jeff Bliss and Sara Forden:
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.

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