U.S. Said to Prepare Apple Lawsuit Over E-Book Price-Fixing

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The U.S. Justice Department told Apple Inc. and five publishers that it’s preparing to sue them for allegedly fixing the prices of electronic books, according to a person familiar with the matter.

Some of the companies are in talks with the Justice Department to reach a settlement to avoid a court battle, according to the person, who wasn’t authorized to speak about the discussions publicly and declined to be identified.