Publishers Sued for Illegally Fixing E-Book Prices

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Apple and a group of book publishers were accused in a lawsuit of illegally fixing e-book prices to “boost profits and force e-book rival Amazon to abandon its pro-consumer discount pricing.” The lawsuit, which was filed in U.S. District Court in Northern California, alleges Apple, HarperCollins Publishers, Hachette Book Group, Macmillan Publishers, Penguin Group, and Simon & Schuster “colluded to increase prices” on popular books.

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