Apple Might Get Sued For Price-Fixing Today (AAPL): 
Apple and book publisher Macmillan could be sued by the Justice Department as soon as today for collaborating in the pricing of e-books, reports Bloomberg.
The companies deny it, of course, and will argue that pricing agreement enhances competition in the marketplace.
Simon & Schuster, Hachette Book Group, and HarperCollins have also been tagged in the matter, but the report indicates that these companies are more likely to settle than drag out a legal case.
In the meantime, the Justice Department is probing how Apple's e-book pricing works to determine if it actually helps or hurts competition.
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Apple and book publisher Macmillan could be sued by the Justice Department as soon as today for collaborating in the pricing of e-books, reports Bloomberg.
The companies deny it, of course, and will argue that pricing agreement enhances competition in the marketplace.
Simon & Schuster, Hachette Book Group, and HarperCollins have also been tagged in the matter, but the report indicates that these companies are more likely to settle than drag out a legal case.
In the meantime, the Justice Department is probing how Apple's e-book pricing works to determine if it actually helps or hurts competition.
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
See Also:
- The Complaints Of Foxconn Employees Are Like The Complaints Of A Lot Normal Employees
- Meet Siri's Less Popular Sister: Trap.it
- The 10 Most-Liked CEOs In Tech This Year
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