Apple Sued Over Book Deals

Posted by Kenneth Ronkowitz on

The U.S. Department of Justice has sued Apple and five big book publishers for price fixing. The story is that back in 2010, Steve Jobs encouraged the six to meet in order to discuss ways they might be able to defeat Amazon’s effective discounting for e-books. Their plan supposedly included agreements to set their prices for e-books higher. The Hachette Book Group, Simon & Schuster and HarperCollins have already settled with the government and ended their deals with Apple, but the Penguin Group USA and Macmillan have not settled and claim no wrongdoing.


http://www.chicagotribune.com


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