Amazon said of its delays on and lack of availability of Hachette titles, 'Unfortunately, despite much work from both sides, we have been unable to reach mutually-acceptable agreement on terms.... we are not optimistic that this will be resolved soon.'
The number of e-books sold last year grew by 43 percent, but that's a fairly small increase compared to the triple-digit increases of past years.
DOJ says Apple pressured publishers, while Apple denies the allegations.
Hachette, a longtime holdout among America's "big six" publishers, will make its full e-book catalog available to nonprofit public libraries and school libraries across the nation on May 8th.
Internet superpower Apple has been embroiled in a legal suit against the US Department of Justice since April 2012. Five publishers were accused along with Apple, but as of February, they have all settled with the DOJ.
The stores charge that secret agreements made between the publishers and Amazon give Amazon the advantage in selling e-books, but some industry observers find flaws in their logic.
Macmillan has settled an antitrust lawsuit with the Department of Justice. The DOJ claimed Macmillan, along with Apple and other e-book publishers, were conspiring to raise prices.
Bookish, which lets users find recommendations based on their favorite titles, and features exclusive content from authors like Elizabeth Gilbert, was created by publishers Simon & Schuster, Penguin, and Hachette Book Group. Bookish lets users create an account and add titles to their digital 'shelf.'
If the settlement is approved, Macmillan and Apple will be the lone defendants in the government’s suit.
European Union regulators ended an antitrust probe into e-book prices after Apple and other publishers offered to abandon the possibility of pricing agreements that would have hindered Amazon selling e-books more cheaply than their rivals.