Justice Dept. may sue Apple, publishers on eBook pricing

The Justice Department has warned Apple and five of the biggest U.S. publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, the Wall Street Journal said, citing people familiar with the matter. Several parties have held talks to settle the potential anti-trust case, the paper cited the people as saying. It added that a successful settlement could lead to cheaper eBooks for consumers. However, not all publishers are in settlement discussions, the Journal said. The five publishers identified in the Journal report are Simon & Schuster Inc, a unit of CBS Corp, Lagardere SCA’s Hachette Book Group, Pearson PLC’s Penguin Group (USA), Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH and HarperCollins Publishers Inc, a unit of News Corp. News Corp also owns the Wall Street Journal

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