Not surprised. Greedy people are never satisfied
Originally posted on paidContent:
The federal government, in a trial scheduled to begin on June 3, will rely on testimony from CEOs of New York’s largest publishing houses to argue that Apple(s aapl) brokered a conspiracy to raise the price of ebooks and harm its rival, Amazon(s amzn).
According to a court filing released on Tuesday, CEOs of the same publishing houses that once rejected the price-fixing theory will now offer evidence to suggest they colluded with Apple in order to increase ebook prices. The case involves allegations that Apple and its late CEO Steve Jobs organized a conspiracy with the Big Six publishers to introduce a commission-style pricing system in order to wrest pricing power from Amazon.
The new filing, posted below, says that the CEOs of Macmillan, Hachette, Harper Collins, Simon & Schuster and Random House will testify about various aspects of Apple’s role in the alleged conspiracy. All of these companies with the exception of Random House were also named in the antitrust lawsuit brought by the Department of Justice and agreed to settle the case last year.