Apple Might Get Sued For Price-Fixing Today (AAPL)

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AP

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Apple and book publisher Macmillan could be sued by the Justice Department as soon as today for collaborating in the pricing of e-books, reports Bloomberg.

The companies deny it, of course, and will argue that pricing agreement enhances competition in the marketplace.

Simon Schuster, Hachette Book Group, and HarperCollins have also been tagged in the matter, but the report indicates that these companies are more likely to settle than drag out a legal case.

In the meantime, the Justice Department is probing how Apple’s e-book pricing works to determine if it actually helps or hurts competition.

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