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U.S. Reaches Settlement With Publishers over Alleged e-Book Scheme

By Rob Stigile, Mike Scarcella and Catharine Dunn

As the U.S. Department of Justice (DOJ) prepares to battle Apple over alleged price-fixing in the electronic books market, top department officials said they are hopeful consumers will benefit from the settlement reached with three publishers.

Sharis Pozen, the acting head of the DOJ Antitrust Division, said the government believes the settlement with three publishers ' HarperCollins Publishers, Simon & Schuster, and Hachette Book Group ' will restore price competition and lead to lower prices for e-books.

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