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US Sues Apple And Publishers Over E-Book Prices   
 
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11-Apr-2012  
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Technology giant Apple and major book publishers are being sued by the US Department of Justice over the pricing of e-books.

The US accuses Apple and Hachette, HarperCollins, Macmillan, Simon and Schuster and Penguin of colluding over the prices of e-books they sell.

This lawsuit is over the agency model where publishers set the prices of e-books, rather than sellers.

The lawsuit comes a day after Apple surpassed $600bn (Ł379bn) in value.

The increase affirmed its position as the world's most valuable firm.
 
 
Source: BBC
 
 

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