All data is delayed
See More

US accuses Apple of e-book price-fixing

Apr 11 2012 17:03
THE US government has accused Apple and several major publishers of conspiring to fix prices of e-books and limit retail price competition, according to a lawsuit filed on Wednesday.

“Apple facilitated the publisher defendants’ collective effort to end retail price competition by coordinating their transition to an agency model across all retailers,” according to the complaint, filed in Manhattan federal court by the anti-trust division of the US department of justice.

The publishers include Hachette Book Group, HarperCollins, MacMillan, Penguin Group, Pearson and Simon & Schuster, a unit of CBS Corp.
apple  |  price fixing  |  e-books


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote