Antitrust

E-Book Settlement Approved by Court

That puts Apple in the Justice Department's crosshairs in the ongoing saga over "price-fixing"

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A federal court has approved a settlement agreement reached between the U.S. Department of Justice and three book publishers accused of conspiring with Apple to fix e-book prices.

The DOJ filed suit against Apple and five of the country's largest book publishers in April and accused the group of antitrust violations. Immediately after filing the complaint, the government announced that it had reached a settlement with three of the five accused publishers: Hachette Book Group, HarperCollins Publishers, and Simon & Schuster (owned by CBS, parent company of CNET).