Judge approves e-book price-fixing settlement

06.09.2012

The DOJ accused Apple and the five publishers of conspiring to raise prices on e-books in retaliation for Amazon.com pricing most e-books at US$9.99 beginning in late 2007.

Apple , saying in July the deal was a "threat to ebook competition." In August, until after it can defend itself in a trial.

Also in August, Hachette Book Group, HarperCollins and Simon & Schuster to a group of U.S. states to settle similar e-book price-fixing charges.

The IDG News Service