Reuters: Technology News: Apple, two publishers hold out against settlement: report

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Apple, two publishers hold out against settlement: report Apr 5th 2012, 00:18 Tweet Share this Email Print Related News E-books settlement talks advancing: sources Fri, Mar 30 2012 E-books settlement talks advancing -sources Fri, Mar 30 2012 Apple, Foxconn set new standard for Chinese workers Fri, Mar 30 2012 Apple, Foxconn revamp China work conditions Thu, Mar 29 2012 Apple's devoted shareholders get rich, and hang on Fri, Mar 23 2012 Analysis & Opinion The recession killed journalism – and saved it Watchdogs could change Vivendi's EMI tune New iPad tablets are seen in a window display in an Apple store in Sydney March 16, 2012. Credit: Reuters/Tim Wimborne Wed Apr 4, 2012 8:18pm EDT (Reuters) - Apple Inc and publishers Pearson and Macmillan are reluctant to agree to terms sought by U.S. and European antitrust authorities investigating possible electronic-book price-fixing, the Wall Street Journal cited sources as saying on Wednesday. Apple and some of the world's biggest book publishers are suspected of colluding to push up e-book prices and are under investigation by the U.S. Justice Department and the European Commission. Reuters reported on March 30 that the U.S. Justice Department could reach a settlement in the case in the next few weeks. The Journal, citing sources, reported that CBS Corp's Simon & Schuster Inc, HarperCollins Publishers Inc and Lagardere SCA's Hachette Book Group are inclined to settle. But Apple, Pearson and Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH, are unwilling to, according to the report. The U.S. Justice Department is seeking to unravel agreements Apple secured from five publishers about two years ago as the Silicon Valley company was launching its iPad and was seeking to break up Amazon's dominance in the digital book market. Officials with the Justice Department declined to comment when contacted by Reuters. (Reporting By Liana B. Baker; Editing by Matt Driskill) 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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