Huffpost UK Tech uk

US Government Sues Apple Over E-Book Price Fixing

Posted: Updated:

The US Department of Justice is sticking up for e-book readers, and has charged Apple with colluding with six top publishers to drive up the price of e-books.

The antitrust lawsuit says that shoppers have been paying too much for e-books - tens of millions of dollars too much.

If the US government success in the case against Apple, Hachette, HarperColllins, Macmillan, the Penguin Group and Simon and Schuster, the price you pay for e-books could plummet immediately.

Eric Holder, US General Attorney said: "Beginning in the summer in 2009 we allege that the executives at the highest level in the companies included in today's lawsuits, concerning that e-book sellers had reduced prices, worked together to eliminate competition among stores selling e-books, ultimately increasing prices for consumers."

Settlement has been reached with three of the accused, while the remaining three, including the $600 billion company Apple, are yet to have their case resolved.

Read the full 36-page complaint document here.

Read more about the Apple antitrust case here.

Most Popular Videos

Suggest a correction

Around the Web

U.S. sues Apple, publishers in e-book price scheme | Reuters

DOJ Sues Apple, Publishers Over E-Book Price-Fixing -

eBook pricing: America's Justice Department to sue Apple 'within ...

U.S. government sues Apple over eBook price-fixing

US government sues Apple in eBook price-fixing antitrust suit ...

U.S. Sues Apple For eBook Pricing as Three Firms Settle ...

US sues Apple, publishers over e-book price fixing scheme - USA ...

Breaking: U.S. Sues Apple, Publishers Over eBook Price-Fixing ...

U.S. Department of Justice Sues Apple and Publishers over E-Book ...

US sues Apple and publishers over ebook price fixing [Update: Full ...