U.S. Files Suit Against Apple

Wednesday, 11 Apr 2012 04:28 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The U.S. filed an antitrust lawsuit against Apple Inc., Hachette SA, HarperCollins, Macmillan, Penguin, and Simon & Schuster in New York district court, claiming collusion over eBook pricing.

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.

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. CBS Corp.’s Simon & Schuster, Lagardère SCA’s Hachette Book Group and News Corp.’s HarperCollins are seeking to avoid a costly legal battle and could settle as soon as today, two people familiar with the matter said.

The Justice Department said it would announce an “unspecified” antitrust settlement today.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Bo Dietl: Stop-and-Frisk Would Have Averted Hatchet Attack

Friday, 24 Oct 2014 06:44 AM

Former New York Police detective Bo Dietl says the ending of the department's stop-and-frisk policy is partly to blame f . . .

Expert: 'Unusual' That Ebola Medical Staff Is Not Quarantined

Thursday, 23 Oct 2014 22:43 PM

Infectious disease expert Dr. Robert Lahita says he is surprised medical personnel who have worked directly with Ebola p . . .

Rep. Charlie Rangel: ISIS Is Not a National Security Threat

Thursday, 23 Oct 2014 22:34 PM

Rep. Charlie Rangel doesn't see a need or a reason for the U.S. to use military force against the Islamic State (ISIS),  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved