The U.S. Department of Justice allegedly told Apple and five of the nation's largest publishers that it will sue them for colluding to raise e-book prices.
While some of the companies have tried to stop an antitrust case from going to court by reaching a settlement, it appears to be unsuccessful, the Wall Street Journal reported and relied on unnamed sources. If the case is settled out of court, it could mean huge changes in pricing for the industry and maybe cheaper e-book prices.
The publishers were then able to impose the same model across the industry, Mr. Jobs told Mr. Isaacson. "They went to Amazon and said, 'You're going to sign an agency contract or we're not going to give you the books,' " Mr. Jobs said.