Justice Dept. may sue Apple, publishers on eBook pricing


The Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, the Wall Street Journal said, citing people familiar with the matter. Several parties have held talks to settle the potential anti-trust case, the paper cited the people as saying. It added that a successful settlement could lead to cheaper eBooks for consumers. However, not all publishers are in settlement discussions, the Journal said. The five publishers identified in the Journal report are Simon & Schuster Inc, a unit of CBS Corp, Lagardere SCA’s Hachette Book Group, Pearson PLC’s Penguin Group (USA), Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH and HarperCollins Publishers Inc, a unit of News Corp. News Corp also owns the Wall Street Journal

Click here for the full story

Sign up for our K-12 newsletter

Newsletter: Innovations in K12 Education
By submitting your information, you agree to our Terms & Conditions and Privacy Policy.

Want to share a great resource? Let us know at submissions@eschoolmedia.com.

New AI Resource Center
Get the latest updates and insights on AI in education to keep you and your students current.
Get Free Access Today!

"*" indicates required fields

Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Email Newsletters:

By submitting your information, you agree to our Terms & Conditions and Privacy Policy.

eSchool News uses cookies to improve your experience. Visit our Privacy Policy for more information.