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

Could lower e-book prices be coming?

Apr 11 2012, 3:29pm CDT | by

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

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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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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