According to Bloomberg, the U.S. DOJ just filed an antitrust lawsuit against Apple over the pricing of eBooks. Publishers Hachette, HarperCollins, Macmillan and Penguin were also named in the lawsuit too.
The Justice Department has warned Apple, along with five major publishing houses, that it plans to sue them for joining forces to raise the price of ebooks, according to the Wall Street Journal. If successful, this could signal a future of affordable digital reading.
According to Reuters, a company called Yudu has launched a service that gives content creators a way around the 30% cut Apple has been demanding for selling subscriptions through iOS. The service lets users download issues to their iPad or iPhone even when the purchase is made direction from the publisher.
Citing "potentially anticompetitive ebook deals," Connecticut Attorney General Richard Blumenthal is investigating the relationship between Apple, Amazon and publishers. Blumenthal claims Apple and Amazon have struck exclusive deals with publishers that would block smaller ebook distributors from offering better…