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DOJ Alleges Shady Backdoor Dealings In Apple, Publisher Case
2012-04-13 12:20:40

Michael Harper for RedOrbit.com Apple, along with 5 of the nation´s largest publishers have had an antitrust lawsuit filed against them. The US filed the suit on Wednesday, alleging they have conspired to limit competition in the e-book market by adjusting their prices. The outcome of this case could have long-lasting implications for the fast-growing industry of e-book publishing. The Department of Justice (DOJ) is alleging the CEOs of these companies (which include publishers...

Government Suing Apple And Publishers Over E-Book Pricing Conspiracy
2012-04-12 05:03:55

The Department of Justice is suing Apple and major book publishers like Macmillan and HarperCollins over the pricing of e-books. The Justice Department is alleging that Apple worked with publishers to artificially raise e-book prices. "Apple facilitated the publisher defendants' collective effort to end retail price competition by coordinating their transition to an agency model across all retailers," according to the complaint. The companies have denied any wrongdoing and plan to...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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