Lee: DOJ Complaint Raises Serious Issues

April 11, 2012

WASHINGTON – Today, Antitrust Subcommittee Ranking Member Senator Mike Lee made the following statement regarding the Department of Justice’s announcement of a lawsuit against several book publishers and Apple, Inc. alleging that the companies conspired to raise prices for e-books:
"The proper focus of our antitrust laws is consumer welfare.  Although government regulators should not interfere with market forces absent a significant threat to competition, the allegations made in the complaint filed today by the Department of Justice raise serious concerns about the prices paid by consumers for e-books.  Illegal price fixing harms consumers and must not be tolerated.  I am confident the judicial process will properly resolve this matter and curtail any illegal actions that result in significant consumer harm."