Full news story on US Justice Dept. may sue Apple and five major publishers.
US Justice Dept. may sue Apple and five major publishers
Mar 08 2012
The Wall Street Journal reports that the Justice Department has warned Apple and Penguin, Hachette Book Group, Macmillan, HarperCollins and Simon & Schuster that it plans to sue them for allegedly colluding to raise the price of electronic books by adopting the agency pricing model. The DoJ has been investigating the issue for months.
3/12 Update: An excellent article summarizing the agency model was published in The Guardian today.
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