iBooks

Apple has been grabbing a lot of headlines over the past couple of days, and not because of poor factory working conditions or the announcement of a new gadget. The Cupertino company is being sued by the Department of Justice over alleged eBook price-fixing.

The DOJ believes that Apple is acting in concert with several major publishers to raise eBook prices across the industry with its 'agency' pricing model. But there's just one problem: experts don't think the government has much of a case...

As expected, the United States Department of Justice has filed an antitrust lawsuit against Apple and five major book publishers over an alleged price fixing related to digital books. Three publishers are reportedly close to settling with Uncle Sam in order to dodge costly and lengthy litigation and avoid risking potentially high damages.

However, Apple and two other publishers are not willing to cut a deal with the government and are said to be gearing up for a fight with the U.S. Justice Department in court, if necessary...

Reuters is reporting tonight that the US Department of Justice could file a lawsuit against Apple as early as tomorrow morning over its iBook Store. The store utilizes an 'agency' model, which allows publishers to name their own eBook prices.

The DOJ believes that Apple is acting in concert with a number of publishers, who have recently raised their eBook prices across multiple platforms, to raise prices across the industry — which happens to be a violation of federal antirust laws...