Department of Justice Antitrust Charges on E-Book Pricing
On April 11, 2012, the U.S. Department of Justice filed suit in U.S. District Court in New York against Apple, Hachette, HarperCollins,… read more
On April 11, 2012, the U.S. Department of Justice filed suit in U.S. District Court in New York against Apple, Hachette, HarperCollins, Simon & Schuster, Macmillan, and Penguin Group over collusion in the pricing of e-books. Hachette, HarperCollins, and Simon & Schuster had since agreed to settle the case, while the rest declined. The companies claimed they were merely fighting the predatory pricing policies of Amazon, which held a near monopoly. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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