The Justice Department filed an antitrust suit today against Apple and a handful of publishers, alleging the companies conspired to drive up prices for e-books.
In the complaint, filed in U.S. District Court for the Southern District of New York, prosecutors allege that Apple colluded with Hachette Book Group, HarperCollins Publishers, Macmillan, The Penguin Group, and Simon & Schuster to raise the price of e-books in response to Amazon’s practice of offering $9.99 electronic copies of new releases and bestsellers on its Kindle platform.
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