Apple, publishers conspired against $9.99 Amazon e-books, says lawsuit

I was doing a lot of impulse buying during the $9.99 days, but since then, on occasions when I’ve seen the ebook offered at a higher price than a paperback, I have just turned to interlibrary load instead.

“Terrified” by Amazon’s Kindle e-reader and discounted e-book pricing, five major publishers allegedly acted together to increase e-book prices and compel Amazon to abandon its discount sales strategy. That’s the gist of a new class action antitrust lawsuit filed in the US District Court for the Northern District of California by the Hagens Berman litigation group.

The five book sellers named in the suit are HarperCollins, Hachette Book Group, Macmillan, Penguin Group Inc., and Simon & Schuster Inc, plus one more defendant: Apple. —Apple, publishers conspired against $9.99 Amazon e-books, says lawsuit.