Department of Justice Settles With Macmillan Over E-Book Price Fixing Lawsuit

Amazon Kindle 2 Wireless eBook Reader by Flickr user goXunuReviews, licensed by Creative Commons

I remember when this bad boy was $399!

Back in April of 2012, the United States Government sued 5 different publishers for their involvement in fixing e-book prices.  These publishers included Penguin, Simon and Schuster, Hachette, and HarperCollins. The first four publishers were able to settle with the government and now the tally is up to 5.  Macmillan Publishing was the last publishing company to settle with the Justice Department, but the government is now looking for bigger fish to fry.  The wildly popular tech company Apple is under the microscope for conspiring with these 5 publishing companies that have now all settled.  Apple will be in trial starting this June. Read more