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Publishers balk at penalties in e-books case

New York (AP) - Publishers who settled with Apple over a dispute over e-book pricing feel the fruits of their victory aren't as sweet as they should be.

The publishers say the penalties imposed on Apple will hurt them more than it would Apple.

A judge ruled last month that Apple had conspired with publishers to drive up the price of e-books in 2010.

The government plans to punish Apple by banning it from taking part in agency agreements for five years.

The publishers say that won't restrict Apple's pricing behavior. Instead, they say ruling will punish the publishers.

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Washington Times