+ - DoJ sues Apple and five other publishers over eBook price-fixing/anticompetition->
Submitted
by
MrKevvy
MrKevvy writes ""The U.S. filed an antitrust lawsuit Wednesday against Apple Inc. AAPL +0.73% and five of the nation's largest publishers, alleging they conspired to limit competition for the pricing of e-books.
The lawsuit, filed in Manhattan federal court by the U.S. Department of Justice's Antitrust Division, alleges Apple and the publishers reached an agreement where retail price competition would cease, retail e-books prices would increase significantly and Apple would be guarantee a 30% "commission" on each e-book sold.""
Link to Original Source
The lawsuit, filed in Manhattan federal court by the U.S. Department of Justice's Antitrust Division, alleges Apple and the publishers reached an agreement where retail price competition would cease, retail e-books prices would increase significantly and Apple would be guarantee a 30% "commission" on each e-book sold.""
Link to Original Source
DoJ sues Apple and five other publishers over eBook price-fixing/anticompetition More Login
DoJ sues Apple and five other publishers over eBook price-fixing/anticompetition