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.
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...