http://www.blogcdn.com/www.engadget.com/media/2012/04/4-13-2012pricefixing.jpg The Justice Department meant business when it accused Apple and five other publishers of price-rigging e-books, and are officially taking Cupertino and two publishers to court. In a hearing on Friday, Judge Denise Cote set a bench trial for June 3, 2012, putting Apple, Macmillan and Penguin Group on the defense. The government’s allegations focus largely on agency pricing, which sees booksellers taking a 30 percent cut of each sale rather then buying the books at wholesale and setting their own prices. Apple and Macmillan have already denied the Justice Department’s claims, of course – but that wasn’t on the stand, was it?
E-book price fixing trial set for 2013: Apple, Macmillan and Penguin prepare for courtroom brawl originally appeared on Engadget on Fri, 22 Jun 2012 21:55:00 EDT. Please see our terms for use of feeds.
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