The WSJ is reporting that Connecticut State Attorney General is investigating the Agency 5 contracts signed by Amazon a few months ago.
The attorney general said an initial review by his office found that e-book prices offered by Amazon and Apple, as well as Borders Group Inc. and Barnes & Noble Inc., for several best-sellers were identical.
"These agreements among publishers, Amazon and Apple appear to have already resulted in uniform prices for many of the most popular e-books—potentially depriving consumers of competitive prices," Mr. Blumenthal said
I've been waiting for this ever since the Agency system was announced. I was deeply surprised at the time that it never occurred to the heads of the these 5 publishers that they might have broken the law when they met with their competitors and conspired to set ebook prices.
I'm also eagerly anticipating when the DOJ announce their investigation into possible anti-trust crimes committed by the Agency 5. Hmm, maybe Random House weren't making a mistake by avoiding the agency system.