Are Apple & Textbook Publishers Colluding on E-Book Pricing? The U.S. Justice Department Thinks So.
by James Temple The Justice Department has threatened to sue Apple and major publishers in a high-profile case that could reshape the digital-books market, driving down prices but also potentially shifting market power from publishers to e-commerce giant Amazon. The government warned Apple and five major book companies that it intends to file a lawsuit accusing them of colluding to boost the prices of e-books, the Wall Street Journal reported, citing unnamed sources. Several of the publishers are already in talks to settle the matter, although those discussions appear to be at an early and uncertain stage, the Journal reported. […]
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