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Antitrust Lawsuit against Apple and several Publishers filed because of eBook Price Fixing

Apr 11 2012, 1:50pm CDT | by , in Shopping | Apple

Antitrust Lawsuit against Apple and other Publishers due to eBook Price Fixing

The United States have put down the Antitrust hammer on Apple, Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster on eBook price fixing claims.

The US is suing several companies including Apple for fixing the prices of eBooks. Bloomberg reports that Apple has not settled and denies The Justice Department's claims. According to sources Apple is arguing that the pricing agreements between them and publishers enhanced the competition in the ebook business. Basically they're aimed at competing with Amazon. 

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