Apple should end its existing e-book agreements with five major publishers and sign no new price-setting distribution contracts for five years under remedies for e-book price fixing proposed by the U.S. Department of Justice and 33 state attorneys ge...
E-book publisher, Penguin has agreed to terminate its agency agreement with Apple and to allow Amazon to set its own prices for e-books in settlement of a European Union antitrust case.
Penguin has settled with U.S. states in an e-book price-fixing lawsuit, leaving only Apple now in the fray.
Penguin Group has become the latest book publisher to reach a settlement with the U.S. Department of Justice in a lawsuit that alleges that Apple and five publishers had conspired to raise e-book prices.
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