News 92 FM

Justice Dept. Files Antitrust Lawsuit Against Apple

Comments: 0  | Leave A Comment

David Paul Morris/Bloomberg via Getty Images(WASHINGTON) — Attorney General Eric Holder is set to announce an antitrust suit against Apple on Wednesday, saying the company has an unfair scheme to fix the price of e-books.

It’s expected the Justice Department will sue Apple over allegations of price fixing, claiming the company colluded with publishers to raise the prices of digital books sold through iTunes in a way that stifles competition.  

Apple denies the charges, noting the e-book marketplace is led by Amazon, maker of the Kindle.  

The government wants e-book sellers to control prices, in competition with each other, and not strike deals with publishers.

Copyright 2012 ABC News Radio

Join the Conversation! Share and Discuss!

Comments