Apple, Pearson and Macmillan are fighting tooth and nail to bow down to pressure to settle their price fixing lawsuit raised by the EU and US Justice Department. Meanwhile, CBS Corp's Simon & Schuster Inc, HarperCollins Publishers Inc, and Lagardere SCA's Hachette Book Group just want it to be over. Last week sources at the USA Justice Department said on record that they … [Read more...] about Apple, Pearson, and Macmillan Continue to Fight Against eBook Settlement
ebook cartel
European Union officials raid eBook Publishers
Anti-Trust authorities based out of the EU have raided several major publishers on the premise of price fixing and artificially inflating the prices. Accusations abound that several publishing companies are getting together under the cartel model to agree on industry standard price fixing. The European Commission admitted to the Associated Press that it had "reason to … [Read more...] about European Union officials raid eBook Publishers