Justice Department to Sue Apple

    A customer tries the a new Apple iPad at Apple's flagship store on Fifth Avenue, in New York, on March 16, 2012. The latest iPad went on sale of Friday, drawing fans to stores in the US and nine other countries.  AFP PHOTO/Emmanuel Dunand (Photo credit should read EMMANUEL DUNAND/AFP/Getty Images)

    AFP / Getty Images

    The Justice Department announced Wednesday that it will file suit against Apple and several top publishers, alleging that their pricing of iPad books is illegal price collusion. E-book prices differ from the prices of physical books because they are set by the publisher, rather than the seller, in a system pushed by the late Steve Jobs. Hachette, HarperCollins, Macmillan, and Penguin are also included in the suit, which was announced the day after Apple’s value surpassed $600 billion.

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