“The Australian Competition and Consumer Commission has urged local retailers with concerns about price-fixing in the electronic book publishing market to voice their concerns, as it considers its options following a US Justice Department lawsuit against Apple and five of the world’s largest book publishers,” Paul Smith reports for Financial Review.
“The book publishing world was rocked yesterday when the Department of Justice filed suit against Apple and publishers Penguin Group, Macmillan, Hachette, HarperCollins and Simon & Schuster, alleging they conspired to drive up the price of e-books,” Smith reports. “The ACCC said it was unable to comment on the status of any ongoing investigations. However, it was aware of the latest developments in the US concerning e-book publishing and pricing.”
Read more in the full article here.
MacDailyNews Take: Idiocracy spreads like a cancer.
DOJ’s panties in a bunch over Apple and eBooks, but what about Amazon? – April 12, 2012
Antitrust experts: Apple likely to beat U.S. DOJ, win its eBook lawsuit – April 12, 2012
Why the market shrugged off the Apple antitrust suit – April 11, 2012
What’s wrong with the U.S. DOJ? – April 11, 2012
Macmillan CEO blasts U.S. DOJ; gov’t on verge of killing real competition for appearance of competition – April 11, 2012
U.S. DOJ hits Apple,major publishers with antitrust lawsuit, alleges collusion on eBook prices – April 11, 2012
U.S. DOJ may sue Apple over ebook price-fixing as early as today, sources say – April 11, 2012