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eBook-gate: US sues Apple, publishers for conspired price-fixing


The US Department of Justice filed a lawsuit against Apple Inc. on Wednesday, as federal investigators claim that the country’s biggest name in the computer industry worked to fix prices of electronic books to drive away competition.

The Justice Department believes that Apple conspired with five major US-based publishing firms to fix the prices of e-books available on the company’s iPad tablet computer dating back to the device’s unveiling two years ago. By cutting a deal with publishers then, the DoJ conceives that Apple attempted to eliminate pricing competition within the industry.

"Apple facilitated the publisher defendants' collective effort to end retail price competition by coordinating their transition to an agency model across all retailers," reads the federal complaint filed in New York this week by the Justice Department’s antitrust division.

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