2022-10-07 08:44:55
U.S. Warns Apple, Publishers on E-Book Pricing – WSJ.com books/Scrapbook

The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter.Enlarge ImageGetty ImagesApple CEO Tim Cook speaks during Wednesdays iPad product launch.Several of the parties have held talks to settle the antitrust case and head off a potentially damaging court battle, these people said. If successful, such a settlement could have wide-ranging repercussions for the industry, potentially leading to cheaper e-books for consumers. However, not every publisher is in settlement discussions. AllThingsDs Ina Fried takes a first look at Apples new tablet, which was announced today at the Yerba Buena Center for the Arts in San Francisco.The five publishers facing a potential suit are CBS Corp.s Simon & Schuster Inc.; 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. , which also owns The Wall Street Journal.

via U.S. Warns Apple, Publishers on E-Book Pricing – WSJ.com.The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter.Enlarge ImageGetty ImagesApple CEO Tim Cook speaks during Wednesdays iPad product launch.Several of the parties have held talks to settle the antitrust case and head off a potentially damaging court battle, these people said. If successful, such a settlement could have wide-ranging repercussions for the industry, potentially leading to cheaper e-books for consumers. However, not every publisher is in settlement discussions. AllThingsDs Ina Fried takes a first look at Apples new tablet, which was announced today at the Yerba Buena Center for the Arts in San Francisco.The five publishers facing a potential suit are CBS Corp.s Simon & Schuster Inc.; 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. , which also owns The Wall Street Journal.

via U.S. Warns Apple, Publishers on E-Book Pricing – WSJ.com.

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