Justice Department Defends Suit Against Apple, Publishers

The Department of Justice defended its suit against Apple and book publishers, saying they colluded to raise e-book prices, the New York Times reports.
The government sued Apple and five publishers and reached settlement with the Hachette Book Group, Simon & Schuster and HarperCollins in an attempt to reduce e-book prices.
But Apple and the remaining publishers, Penguin and Macmillan, refused to settle and will face trial next summer.
The Justice Department defended its actions after 868 comments during a 60-day comment period and dismissed claims that the lawsuits would narrow the field of retailers.
The idea is to reduce prices, feds said.
Posted: 7/24/12 at 9:34 AM under News Story.
Tags: apple, book publishers, collusion, HarperCollins, Hatchette, Macmillan, Penguin, price-goughing, simon &schuster
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