At this time last year, the industry was wondering about the impact of a U.S. Justice Department lawsuit filed in April 2012 against Apple and five leading publishers alleging pricefixing for e-books.
It took awhile to read the writing on the wall, but Macmillan has finally settled the antitrust lawsuit brought by the US Justice Department for the publisher's alleged e-book pricefixing.
HarperCollins, one of the three publishers that settled with the Department of Justice over the e-book price-fixing case, is already seeing its title discounted below what they had been selling for by Amazon, the leading U.S. bookseller.
Ever since the Department of Justice went after Apple, Amazon and the book publishers for pricefixing, Amazon went back to setting e-book prices as it sees fit.