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Apple to fight on in e-book price-fixing 'cartel' case

posted onApril 5, 2012
by l33tdawg

Apple, along with two other major international publishers, may avoid settling in a “cartel” e-book fixing antitrust investigation, while others seek a faster resolution.

While three accused publishers involved in a joint U.S. and EU antitrust investigation into “cartel” behaviour are reportedly close to reaching a settlement, Apple and two others may fight the claims.

Apple, along with the five named publishers, are accused of collaborating and conspiring to ‘fix’ e-book prices in a bid to undercut arch-nemesis Amazon, which has a different model for pricing the downloadable books. The Wall Street Journal, citing sources in the know, say that the shiny rectangle maker Apple, and publishers Macmillan and Pearson are “reluctant” to follow suit with other publishers that hope to settle the matter before a formal antitrust investigation begins.

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