Apple Stands as Lone Defendant and 3 Tech Titans on the Move
Apple Inc. (NASDAQ:AAPL): Current price $475.78
The United States Justice Department and Macmillan have reached a settlement over the antitrust lawsuit relating to e-book pricing, meaning book retailers will now be able to discount the digital titles of all major publishers in the US. Macmillan is the last of five major publishers to settle the suit, filed against them by the Justice Department last year. Three publishers settled in April, while a fourth, Penguin Group, settled in December. The agreement leaves Apple Inc., as the only remaining outstanding defendant in the government’s lawsuit. A spokeswoman for Apple declined to comment.