| The People vs. Apple Posted: 14 Apr 2012 05:00 AM PDT  Apple has been accused of acting as ringleader of a price-fixing racket, enlisting half a dozen market-dominating companies in a conspiracy to profiteer through anticompetitive practices and artificial price inflation. The market: e-books. The U.S. Department of Justice has sued Apple along with a handful publishers, accusing them of orchestrating a sales agreement that effectively changed the business model under which e-books were sold. The syndicate, according to the DoJ, pushed an agency model upon the industry. |
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