US DOJ: Apple And 5 Publishers Reportedly Face Anti-Trust Charges

Posted on Mar 8 2012 - 7:57am by Editorial Staff

Apple and five other publishers has reportedly going to face anti-trust charges from US Department of Justice over the raise in the price of electronic books, according to The Wall Street Journal report. The action which is reportedly taken over claims that the parties came together and increase the standard price for e-books that would be used for titles sold by publishers.

WSJ claimed that “sources” closed to the matter told them that the number of publishers looking out to avoid court battle and settle the case outside itself, as the case strongly having the potential to impact the e-book pricing future across the publishing industry. On the other end, publishers have also denied the fact and seem explaining that the agency pricing meant to enhance competition in the industry allowing more electronic booksellers to thrive.

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