A lawsuit has been filed claiming publishing companies colluded with Apple to raise the price of “eBooks.” Sixteen attorneys general, including Illinois’, filed suit against Simon and Schuster, Penguin Group and MacMillan, alleging the companies marked up their products sold through iTunes, and kicked 30 percent of the profits back to Apple.
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“We had reached an agreement with two separate publishers, Harper Collins and Hachette, over similar allegations that will provide significant restitution to consumers as well as some injunctive relief,” says Maura Possley, a spokeswoman for the Illinois attorney general’s office. “A lot of those terms are still being hashed out.” The suit seeks restitution to customers who have purchased eBooks online through Apple. Possley says the collusion alleged violates Illinois’ anti-trust laws.