Justice Department, E-book Price Fixing | featured news

After a Justice Department investigation into e-book price-fixing, the cost of buying an e-book was supposed to plunge, but sales of e-readers and the content for them have stalled.

Cheaper e-books from three publishers could return within one to three months, in the wake of a judge's approval this week of the antitrust settlement between the publishers and the Justice Department.

Barnes & Noble told the U.S. Justice Department that a proposed price-fixing settlement with several major book publishers will hurt the company and consumers.

The U.S. Justice Department has warned Apple Inc. and five top book publishers that lawsuits over alleged e-book price fixing might be in the offing, according to a report in the Wall Street Journal.