U.S. Said to Prepare Apple Lawsuit Over E-Book Price-Fixing

Bloomberg
Mar. 08, 2012

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.

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