Reuters: Technology News: Apple rejects e-book pricing collusion charge

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Apple rejects e-book pricing collusion charge Apr 13th 2012, 22:03 Tweet Share this Email Print Related News Apple rejects e-book pricing collusion charge: WSJ Thu, Apr 12 2012 Apple rejects e-book pricing collusion charge - WSJ Thu, Apr 12 2012 U.S. sues Apple, publishers in e-book price scheme Wed, Apr 11 2012 UPDATE 4-U.S. sues Apple, publishers in e-book price scheme Wed, Apr 11 2012 Apple, Foxconn set new standard for Chinese workers Fri, Mar 30 2012 Analysis & Opinion When monetary policy needs to incorporate fiscal policy If Apple, publishers plotted they didn’t need to A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai March 16, 2012. Credit: Reuters/Aly Song Fri Apr 13, 2012 6:03pm EDT (Reuters) - Apple Inc has rejected the U.S. Justice Department's allegations that it colluded with publishers over electronic book pricing, calling the charges "simply not true." The U.S. government had sued Apple and five publishers, saying they conspired to fix the prices of electronic books. It has reached a settlement with three of the publishers that could lead to cheaper e-books for consumers. In an email to Reuters, Apple spokesman Tom Neumayr confirmed the company's position, which earlier appeared in a Wall Street Journal article. "The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon's monopolistic grip on the publishing industry," Apple spokeswoman Natalie Kerris told the Journal. Kerris defended the current pricing structure as parallel to Apple's mobile software store. "Just as we have allowed developers to set prices on the App Store, publishers set prices on the iBookstore," she told newspaper. (Reporting by Sakthi Prasad; Editing by Ron Popeski and Lisa Von Ahn) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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