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
Buy iPad from Amazon Cyber Monday and Black Friday Now

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.


Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

You Might Also Like

Read the Latest from I4U News


blog comments powered by Disqus Back to Top | Read the Latest Stories