Friday, March 9, 2012

Collusion! Apple, Publisher Partners Accused Of Raising E-Book Prices

collusionApple was surely riding high after the announcement of their new iPad yesterday, but that doesn't mean that everything is OK in CA if a Wall Street Journal report published today holds true. According to ?people familiar with the matter,? Apple along with HarperCollins, Simon & Schuster, Penguin Group, Hachette Book Group, and Macmillan are on the verge of being slapped with a Department of Justice lawsuit that alleges they colluded to raise e-book prices.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/3kM3wvHYbZU/

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