Amazon, the “big five” book publishers are suing over the pricing of ebooks

The Big Five book publishers and Amazon have been accused of setting prices in a class action lawsuit by the same law firm that successfully sued Apple over the same issue in 2011.

In a near-repeat of the case that Apple controversially lost ten years ago, the same law firm now wants to take Amazon to court over pricing. The new allegation is that Amazon and the Big Five publishers have teamed up to keep prices high.

The editors of the “Big Five” are Penguin Random House, Hachette, HarperCollins, Macmillan and Simon & Schuster. Seattle law firm Hagens Berman’s lawsuit, filed in New York, collectively refers to these publishers and Amazon as “co-conspirators.”

“Amazon’s deal with its co-conspirators is an unreasonable trade restriction that prevents competitive pricing and causes plaintiffs and other consumers to overpay when buying ebooks from the Big Five through an ebook retailer competing with Amazon, “says the lawsuit, first seen by The Guardian and …

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