The e-book price-fixing scandal

The US government is accusing electronic book publishers of colluding to fix prices. Does it have a case, and what will it mean for the industry? James McKeigue investigates.

What happened?

The US Department of Justice (DoJ) has accused Apple and five of the country's six largest publishers of colluding to fix prices for electronic books (e-books). Three of them, Hachette, HarperCollins and Simon & Schuster, decided to settle with the DoJ to avoid what Hachette called "lengthy and costly litigation with government plaintiffs with virtually unlimited resources". The other two publishers, Penguin and Macmillan, have decided to fight the case, as has Apple.

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James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.