Department of Justice Sues Apple Over the Price of E-Books

The Takeaway

Yesterday the U.S. Department of Justice sued Apple and five major publishers on antitrust grounds, alleging they fixed prices of e-books throughout 2010.  According to the Department, consumers may have been paying as much as $5 too much for e-books. Three of the publishers have settled.  Joe Nocera is an Op-Ed Columnist at the New York Times, and joins us to talk about how book pricing works, and what yesterday’s legal actions mean for the future pricing of e-books.

Will you support The World with a monthly donation?

There is no paywall on the story you just read because a community of dedicated listeners and readers have contributed to keep the global news you rely on free and accessible for all. Will you join the 226 donors who have supported The World so far? From now until Dec. 31, your gift will help us unlock a $67,000 match. Donate today to double your impact!