US sues Apple over E-book prices

Technology giant Apple and major book publishers are being sued by the US Department of Justice over the pricing of e-books.

According to BBC New, the US accuses Apple and Hachette, HarperCollins, Macmillan, Simon and Schuster and Penguin of colluding over the prices of e-books they sell.

This lawsuit is over the agency model where publishers rather than sellers set e-book prices.

But Hachette, HarperCollins and Simon and Schuster have already settled.

The case will proceed against Apple, Macmillan and Penguin “for conspiring to end e-book retailers’ freedom to compete on price”, the Justice Department said.

The lawsuit comes a day after Apple surpassed $600bn (

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