Apple Ebook Price Fixing Explained

Apple facilitated a conspiracy with major book publishers to raise the price of e books costing consumers millions of dollars a federal judge ruled wednesday in a significant blow to the.

Apple ebook price fixing explained. Apple says it has more than two million books in its ibooks store apple has agreed an out of court settlement in a case in which it was being sued by consumers who overpaid for e books due to. Dear lifehacker i 39 ve been hearing a lot about how the department of justice is sueing apple and a few publishers for price fixing ebooks. Department of justice and 33 states saying that apple conspired with five major publishers to raise the retail prices of ebooks.

Bradford july 13 2013 this past week a judge finally ruled on the e books price fixing case the u s. Inside the doj s ebook price fixing case against apple. An analysis us sues apple and publishers over ebook pricing three publishers settle quickly update view all 43 stories.

Random house the last. The case brought by the doj says that apple conspired with five major publishers hachette harpercollins macmillan penguin and simon schuster to set prices for ebooks. Apple and the publishers agreed on an arrangement in which apple would get a 30 percent commission and publishers were allowed to set the prices for their books a tactic known as agency pricing.

Is apple the ultimate villain in the e book price fixing scandal. Explaining the apple ebook price fixing suit by now you ve undoubtedly heard the news that u s.