Wednesday, 11 April 2012

Breaking News : Apple sued over ebook pricing

REF :  Financial Times.com

The Department of Justice has sued Apple and five of the largest book publishers, alleging that they colluded to increase the price of ebooks, saying that a change to the industry’s model at the time Apple launched its iPad tablet has cost consumers “tens of millions of dollars”.

Sources close to the publishers said the DoJ was expected to immediately settle with three of the five publishers: Hachette, HarperCollins and Simon & Schuster.

Steven




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