Apple Inc. AAPL-Q has rejected the U.S. Justice Department’s allegations that it colluded with publishers over electronic book pricing, calling the charges “simply not true,” the Wall Street Journal reported.
“The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry,” Apple spokeswoman Natalie Kerris told the Journal.
More related to this storyAmazon stock jumps in wake of e-book antitrust suitSix tech stocks that rate better than AppleU.S. sues Apple, publishers on e-book ‘agency model’ price-fixingApple (AAPL-Q)622.77 -3.43 -0.55%As of Apr 12, 2012 4:00
