ILLINOIS ATTORNEY GENERAL LISA MADIGAN IS JOINING HER COUNTERPARTS IN SEVERAL OTHER STATES IN A LAWSUIT AGAINST THREE BOOK PUBLISHERS AND APPLE.
THE SUIT ALLEGES THAT APPLE AND THE PUBLISHERS WORKED TOGETHER TO JACK UP THE PRICE OF E-BOOKS WHEN APPLE CAME OUT WITH THE I-PAD SAYS MADIGAN SPOKESPERSON MAURA POSSLEY.
[audio:books1.mp3] [/audio]
BEFORE APPLE ENTERED THE E-BOOK MARKET…MOST BESTSELLERS SOLD FOR NINE-NINETY NINE. BUT MADIGAN SPOKESPERSON MAURA POSSLEY SAYS WHEN APPLE CAME ON THE SCENE…PRICES INCREASED BY AS MUCH AS FIVE BUCKS A BOOK.
[audio:books2.mp3] [/audio]
THE PUBLISHERS NAMED IN THE SUIT ARE THE PENGUIN GROUP…MACMILLAN…AND SIMON AND SCHUSTER. MADIGAN IS SEEKING TO RECOVER MONEY FOR ILLINOIS CONSUMERS WHO WERE OVERCHARGED IN THE ALLEGED SCHEME.