Apple Denies Steve Jobs Fixed E-Book Prices [Business | Apple]

Last month the United States Department of Justice (DoJ) announced it was suing Apple and major publishers like Penguin and Macmillan for fixing the price of electronic books, or e-books. It has taken some time, but Apple has now responded to that suit by denying any involvement in e-book price fixing. In April, the DoJ said that Apple and at least five publishers colluded to increase the price of electronic books, starting in early 2010. The DoJ dated the beginning of this collusion to roughly the same time the Cupertino, California-based technology firm was preparing to launch its now very …

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Filed Under: Business | Apple

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Related Terms: doj, e-book, fixing, electronic books, united states

Source: http://www.infopackets.com/news/business/apple/2012/20120525_apple_denies_steve_jobs_fixed_e_book_prices.htm

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