U.S. Said to Prepare Apple Lawsuit Over E-Book Price-FixingBloomberg
Mar. 08, 2012
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Let the shakedown begin!The U.S. Justice Department told Apple Inc. (AAPL) and five publishers that itís preparing to sue them for allegedly fixing the prices of electronic books, according to a person familiar with the matter.
Some of the companies are in talks with the Justice Department to reach a settlement to avoid a court battle, according to the person, who wasnít authorized to speak about the discussions publicly and declined to be identified.