While all of the publishers involved in Justice Dept.’s e-book price-fixing lawsuit have settled, Apple has continued to maintain its innocence. With the trial set to begin in early June, the DOJ has some evidence it believes paints Apple in a rather damning light. [More]
Ever since Apple got into the e-book business, publishers have been determining their own prices for titles, meaning that e-books, in spite of having minimal overhead costs, are often sold for higher prices than their print counterparts. But it looks like the Justice Dept. antitrust investigation into this so-called “agency pricing” model is nearing an end — and may result in more affordable e-books for everyone.