Macmillan will end e-book discounting ban in price-fixing settlement

The deal is related to a price-fixing investigation into Apple and its e-book store

By , IDG News Service |  Security

"Apple CEO Steve Jobs explained to one publisher defendant that the Apple Agency Agreements provided a path for the publisher defendants away from $9.99 and to higher retail e-book prices. He urged the publisher defendants to "[t]hrow in with Apple and see if we can all make a go of this to create a real mainstream e-books market at $12.99 and $14.99."

The proposed settlement will be open to a 60-day public comment period after which a final judgment in the case is expected.

The Department of Justice trial against Apple is scheduled to begin in June 2013.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com

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