The US Justice Department has sued Apple over allegations that it has engaged in price fixing for e-books.
The lawsuit accuses the iPad maker of working with HarperCollins Publishers, Hachette Book Group, Macmillan Publishers, Penguin Group and Simon & Schuster to fix prices of e-books.
The group allegedly plotted to raise ebook prices in response to the ongoing domination of the sector by Amazon, which is enjoying remarkable success in this field thanks to its Kindle e-Reader.
According to Reuters, which cited two people familiar with the matter, the US Justice Department could sue Apple as soon as today ~(Wednesday 11 April 2012). It also said that it had settled the matter with other publishers earlier this week.
According to Bloomberg, Gina Talamona, a spokeswoman for the Justice Department’s antitrust division, and representatives of Apple, Simon & Schuster, HarperCollins, Hachette, Penguin and Macmillan, declined to comment on prospects for lawsuits or settlements.
In January Apple used a high profile media event to launch a new education initiative that aims to “reinvent textbooks”, by using technology to make the classroom more engaging for students.
Apple’s iBooks 2 is designed to bring a “new textbook experience” to the iPad, which the company views as an evolution beyond traditional paperbound textbooks.
In early March Apple was warned that it, along with five e-book publishers, had to address all of the European Commission’s antitrust concerns before a price-fixing investigation could be closed.
Are you a tech patent expert? Take our quiz
TikTok pledges to challenge 'unconstitutional' US ban in the courts, after President Joe Biden signs…
British regulator invites feedback on major partnerships Microsoft and Amazon have struck with smaller AI…
Another 20 staff have been fired by Google over Israel protest and their “completely unacceptable…
Censorship row brewing down under, after the Australian Prime Minister calls Elon Musk an 'arrogant…
Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs…
Lightweight artificial intelligence model launched this week by Microsoft, offering more cost-effective option for Azure…