The US Justice Department just announced that it has reached an agreement with Penguin for agency ebook pricing. Pearson owned Penguin was one of the last holdouts and decided to settle to make way for the merger with Random House. In a statement, the Justice Department's antitrust office said it will continue to press its case against defendants Apple Inc and Holtzbrinck … [Read more...] about US Justice Department Reaches Settlement with Penguin
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US Justice Department Files Lawsuit against Apple and Top Publishers while others Settle in Court
The US Justice Department have officially filed a massive lawsuit against Hachette, HarperCollins, Apple, Macmillan, Penguin and Simon & Schuster. It has been an ongoing saga that these companies all participated in an eBook price fixing collusion scheme to combat Amazon. Macmillian, Penguin and Apple will continue to fight the case in New York, while Simon & Schuster, … [Read more...] about US Justice Department Files Lawsuit against Apple and Top Publishers while others Settle in Court