The US Justice Department has sued Apple Inc and five publishing houses alleging a “conspiracy” to raise prices and limit competition for e-books, and immediately reached a partial settlement in the case.
As the antitrust suit was announced, officials said three of the publishers agreed to end the scheme to force retailers such as Amazon to accept a new pricing plan that limited their ability to offer discounts for electronic books.
Hachette Book Group, HarperCollins and Simon & Schuster reached the settlement but the case will proceed against Apple and the other two, Macmillan and Penguin Group, “for conspiring to end e-book retailers’ freedom to compete on price,” the Justice Department said.
Is this Revenge of the Librarians? Nope, that was Random House. Or perhaps their incantations didn’t specify which purveyor of ebooks they were after. You gotta be careful with what you ask for.