Reuters – “Apple Inc has rejected the U.S. Justice Department’s allegations that it colluded with publishers over electronic book pricing, calling the charges “simply not true.” The U.S. government had sued Apple and five publishers, saying they conspired to fix the prices of electronic books. It has reached a settlement with three of the publishers that could lead to cheaper e-books for consumers. In an email to Reuters, Apple spokesman Tom Neumayr confirmed the company’s position, which earlier appeared in a Wall Street Journal article.”
Bloomberg – “The U.S. sued Apple Inc. AAPL, Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New York district court, claiming the publishers colluded to fix eBook prices.CBS Corp. CBS’s Simon & Schuster, Lagardère SCA’s Hachette Book Group and News Corp. NWSA’s HarperCollins settled their suits today, two people familiar with the matter said. Apple and Macmillan, which have refused to engage in settlement talks with the Justice Department, deny they colluded to raise prices for digital books, according to people familiar with the matter. They will argue that pricing agreements between Apple and publishers enhanced competition in the e-book industry, which was dominated by Amazon.com Inc. AMZN”
Bloomberg – “Apple Inc. and the publisher Macmillan are preparing to be sued as soon as today by the U.S. Justice Department over alleged collusion in the pricing of e- books, according to two people familiar with the matter.
Apple and Macmillan, which have refused to engage in settlement talks with the Justice Department, deny they colluded to raise prices for digital books, the people said. In an antitrust case, they will argue that pricing agreements between Apple and publishers enhanced competition in the e-book industry, which was dominated by Amazon.com Inc.”
ars technica – “Three e-book publishers are nearing a settlement over an e-book price-fixing case in the US and Europe, according to sources speaking to the Wall Street Journal. But not everyone is on board—Apple and two other publishers are allegedly holding out, though the situation was described as “fluid” and could change as a lawsuit filing looms.”
“The Justice Department could reach a settlement in the next few weeks with Apple Inc (AAPL.O) and some of the major publishers suspected of colluding to push up electronic book prices, according to two people close to the negotiations. While negotiations are still fluid, the settlement is expected to eliminate Apple’s so-called “most favored nation” status, which had prevented the publishers from selling lower-priced e-books through rival retailers such as Amazon.com Inc (AMZN.O) or Barnes & Noble Inc (BKS.N), the people said.