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Department Of Justice May Sue Apple over E-Book Price Fixing

Apr 11 2012, 3:29pm CDT | by , in Rumors | Apple

Department Of Justice May Sue Apple over E-Book Price Fixing
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Could lower e-book prices be coming?

The Department of Justice is investigating Apple and several book publishers over concerns of price-fixing in the e-book market. These concerns appear to come from when Apple made deals with major publishers that effectively increased the price for all electronic booksellers. Amazon already had a deal in place where most new releases were $9.99 and after Apple stepped and, prices went up considerably.

The suit from the DOJ could come as early as this week. Along with Apple publishers Simon & Schuster Inc, HarperCollins Publishers Inc, Hachette Book Group, and Pearson and Macmillan are all part of the investigation. The only I could care less whether Apple wins or loses the suit, but I think Apple really did consumers wrong in this instance and every time I have to pay over $10 for new release e-book on my Kindle, I blame Apple.

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