The United States is to sue Apple and two publishers over e-book pricing. It claims that the technology giant is guilty of colluding over price setting. Five other companies were also named, but they have reached a settlement with the Department of Justice.
The dispute is over Apple’s decision to switch to the ‘agency model’ which allows them, rather than the publishers, to set the prices. Under this approach, the publishers receive a flat percentage of the price, regardless of the actual profits. (more…)

