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Lee: Department of Justice's Complaint Raises Serious Issues

Statement

By: Mike Lee
By: Mike Lee
Date: April 11, 2012
Location: Washington, DC
Issues: Technology and Communication Business and Consumers

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."


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