Home Videos Photos
PerezHilton CocoPerez Babies Miley Cyrus Kris Jenner Twitter PerezTV

The United States Justice Department Sues Apple For Fixing eBook Prices!

| Filed under: Legal MattersTech TalkBusiness Blitz

Ameriva vs. apple

It's on!

The U.S. Justice Department thinks Apple went a step too far by conspiring with publishers to create fixed eBook prices and has filed an antitrust lawsuit against the company to teach it a lesson in fairness.

Even though some publishers have already settled, the company behind the iPad is disputing the charges by arguing that pricing agreements with publishers only enhanced competition in a market dominated by Amazon.

The government wants retailers to decide the prices, while Apple and companies like HarperCollins, Macmillan, Penguin and Simon & Schuster created an agency model that allowed publishers to set a price for the eBooks.

Amazon had been buying books at wholesale prices then setting a price for digital copies. Apple, on the other hand, decided in 2010 to allow publishers to determine the cost of the eBooks for the iPad — as long as the computer company got a 30% cut of the profits and the publishers agreed to sell their products for the lowest price through Apple.

It sounds to us like the Justice Department has legitimate antitrust concerns, but what about U? Team America or Team Apple?

Tags: , , , , , , , , , , , , , , ,

Email this  »
Kaley Cuoco & Ryan Sweeting Through The Years Months!
The Top Ten Craziest Lawsuits Filed Against Celebs!
Top 10 Earning Actresses Of The Last Year -- And What They Made!
17 Celebrities Who've Been Charged With Assault!
Who Should Replace Donald Trump On Celebrity Apprentice??
Celebrity Scandals We Never Saw Coming!

3 comments to “The United States Justice Department Sues Apple For Fixing eBook Prices!”

  1. 1


  2. 2

    As they should! How in the hell a physical book cheaper than an eBook? The physical books have to include binding so no way ebooks should be more expensive.

  3. 3

    If amazon has to raise their prices im goona be mad!