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    Justice Dept. Sues Apple and Publishers Over E-book Pricing

    Wed, 04/11/2012 - 12:45 EDT - Yahoo!

    The Justice Department filed a civil antitrust lawsuit against Apple and major book publishers on Wednesday, charging that the companies colluded to raise the price of e-books in 2010.

    • Original article
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      If the settlement is approved, MacMillan will no longer be able to set its own retail price for e-books.

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      In April 2012, the US Department of Justice filed an antitrust lawsuit against Apple and five major publishers. At issue is the switch to an agency pricing model for e-books that [...]

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    • Encana and Chesapeake slapped with lawsuit for allegedly rigging land sales

      A major Michigan landowner is suing Chesapeake Energy Corp and Encana Corp, alleging that the two energy giants colluded to rig bids for oil and gas rights in 2010. Northstar Energy, which owns nearly 10,000 acres in Michigan’s Utica-Collingwood oil and gas shale formation, filed the lawsuit against Chesapeake and Canadian firm Encana in Michigan federal court Friday.

    • Apple denies e-book pricing conspiracy

      Apple denied a charge that it schemed with publishers to hike prices for e-books, portraying itself as a hero for prying Amazon's "monopolistic grip" from the market. "The DOJ's accusation of collusion against Apple is simple not true," Apple spokesman Tom Neumayr said in an emailed statement a day after a Department of Justice antitrust suit was filed."The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry."

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