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The Justice Department accused 5 of the largest publishing houses and Apple of fixing prices on e-books, forcing consumers to pay tens millions of dollars more for books. In reaction to Amazon's monopoly on the sale of e-books and e-readers, to exclude competitors. Apple decided to work with publishers to establish a new model of doing business, instead of buying books from them at one price and selling them to readers at another, Apple would allow publishers to set the prices up to $16.99. Store Cartoon, Apple Web, Atm Bank, App Store Games, Direct Deposit, Atm Card, Apple Watches, Ingredients List, Beginner Sewing
Store Cartoon
Apple Web
Atm Bank
App Store Games
Direct Deposit
Atm Card
Apple Watches
Ingredients List
Beginner Sewing

Justice Department sues Apple, publishers over e-book prices

The Justice Department accused 5 of the largest publishing houses and Apple of fixing prices on e-books, forcing consumers to pay tens millions of dollars more for books. In reaction to Amazon's monopoly on the sale of e-books and e-readers, to exclude competitors. Apple decided to work with publishers to establish a new model of doing business, instead of buying books from them at one price and selling them to readers at another, Apple would allow publishers to set the prices up to $16.99.

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