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Apple, publishers conspired against $9.99 Amazon e-books, says lawsuit
Tech Business
Written by Danrok   
Wednesday, 10 August 2011 18:27

From ArsTechnica:

"Terrified" by Amazon's Kindle e-reader and discounted e-book pricing, five major publishers allegedly acted together to increase e-book prices and compel Amazon to abandon its discount sales strategy. That's the gist of a new class action antitrust lawsuit filed in the US District Court for the Northern District of California by the Hagens Berman litigation group.

The five book sellers named in the suit are HarperCollins, Hachette Book Group, Macmillan, Penguin Group Inc., and Simon & Schuster Inc, plus one more defendant: Apple.



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