Wed Apr 11, 2012, 10:42 AM
U.S. Files Antitrust Lawsuit Against Apple, Hachette
Source: Bloomberg
The U.S. sued Apple Inc. (AAPL), Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New York district court, claiming the publishers colluded to fix eBook prices. CBS Corp. (CBS)’s Simon & Schuster, Lagardère SCA’s Hachette Book Group and News Corp. (NWSA)’s HarperCollins settled their suits today, two people familiar with the matter said. Apple and Macmillan, which have refused to engage in settlement talks with the Justice Department, deny they colluded to raise prices for digital books, according to people familiar with the matter. They will argue that pricing agreements between Apple and publishers enhanced competition in the e-book industry, which was dominated by Amazon.com Inc. (AMZN) The Justice Department is probing how Cupertino, California-based Apple changed the way publishers charged for e- books on the iPad, a person familiar with the matter said last month. The Justice Department said it would announce an “unspecified” antitrust settlement today. Read more: http://www.bloomberg.com/news/2012-04-11/u-s-files-antitrust-lawsuit-against-apple-hachette.html Forget China: Now we're taking on GOD! 
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3 replies, 1038 views
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Author | Time | Post |
 U.S. Files Antitrust Lawsuit Against Apple, Hachette (Original post) |
Typical NYC Lib | Apr 2012 | OP |
| Drale | Apr 2012 | #1 | |
| onehandle | Apr 2012 | #2 | |
| Skink | Apr 2012 | #3 |
Response to Typical NYC Lib (Original post)
Wed Apr 11, 2012, 10:44 AM
1. When are they going to file a suit against the oil company's
Response to Typical NYC Lib (Original post)
Wed Apr 11, 2012, 10:48 AM
onehandle (35,994 posts)
2. If the publishers lose, Amazon will end up the only eBookseller in the world.
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Last edited Wed Apr 11, 2012, 11:04 AM USA/ET - Edit history (5) |
