US files antitrust lawsuit over Apple eBook price fixing

Bloomberg.com is reporting that the US government has filed an antitrust lawsuit against Apple alleging it colluded with publishers to fix prices on eBooks.  According to the article:

When Apple came out with the iPad in 2010, it let publishers set their own prices for e-books as long as it got a 30 percent cut and the publishers agreed to offer their lowest prices through Apple. This agency model overtook Amazon's practice of buying books at a discount from publishers and then setting its...

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Published on April 11, 2012 16:49
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