Thursday, December 8, 2011

US JUSTICE DEPARTMENT INVESTIGATING APPLE AND E-BOOK PUBLISHERS


Hot on the heels of the EU Commission, the U.S. Justice Department on Wednesday confirmed that it is investigating the pricing of electronic books, the latest antitrust watchdog to probe whether there was improper collusion by Apple Inc. and publishers to prevent discounting.
At a congressional hearing, Sharis Pozen, the Justice Department's acting antitrust chief, said: "We are also investigating the electronic book industry, along with the European Commission and the states attorneys general."

The Wall Street Journal and other media have reported that the Justice Department has been investigating the matter since last year.

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