As of Wednesday, April 11, 2012
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FILE - This Oct. 4, 2011 file photo, shows the Apple logo during an announcement at Apple headquarters in Cupertino, Calif. Apple's market capitalization topped $500 billion in opening trading Wednesday, Feb. 29, 2012, climbing to a mountain peak where few companies have ventured and none have stayed for long. (AP Photo/Paul Sakuma, File)
NEW YORK (AP) -- The U.S. government has filed an antitrust lawsuit against Apple Inc. and book publishers. It said Wednesday that the publishers conspired with Apple to raise retail electronic-book prices to limit competition.
The government also filed papers saying it has reached a settlement with publishers Hachette, HarperCollins and Simon & Schuster.
It says it will proceed with its lawsuit against Apple and other publishers, including Holtzbrinck Publishers, doing business as Macmillan, and The Penguin Publishing Co. Ltd., doing business as Penguin Group.