Apple is making it known that it will not accept the ebook settlement terms proposed by the Department of Justice, says a report in Paid Content. Under the DOJ's proposal, Apple would have to sever its current contracts and renegotiate new ones with three book publishers - HarperCollins, Hachette and Simon & Schuster. Apple says that this outcome is "fundamentally unfair, unlawful, and unprecedented" and denies the company its right to a fair trial.
This settlement is the result of an investigation into Apple's agency model pricing agreement with book publishers. In this model, publishers are allowed to