Lawsuit accuses Apple and publishers of colluding to break up Amazon.com’s low-cost dominance
Apple and five major book publishers have failed to persuade a US judge to throw out a lawsuit by consumers accusing them of conspiring to raise electronic book prices two years ago.
The lawsuit in US district court in New York is related to government charges in April accusing Apple and publishers of colluding to break up Amazon.com’s low-cost dominance of the digital book market.
HarperCollins, Simon & Schuster and Hachette reached settlements, while Apple and two of the publishers, Macmillan and Penguin, said in court last month they want to go to trial to defend themselves against the government charges.
The consumers’ main allegation is that the publishers worked together to raise prices and decrease retail competition with Apple co-ordinating the agreement among them.