Department of Justice’s Hard Line on Collusion and Price-Fixing

From The Wall Street Journal (Trust Buster Takes Hard Line As E-Book Probe Continue):

The Justice Department’s top antitrust official says she won’t stand by quietly if companies make agreements with rivals on price, signaling a stern stance as the department conducts a high-profile probe into electronic-book publishing.

Without mentioning Apple Inc. or the five publishers that are the target of the investigation, Sharis Pozen says she won’t hesitate to act against “collusive behavior at the highest levels of companies.”

“Competitors can’t join together and make agreements on price,” she says in an interview. “We’re going to stop that.”

Read more at The Wall Street Journal.


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