Apple, Amazon Accused Of Blocking Lower E-Book Prices

HARTFORD, Conn. (AP) — Connecticut Attorney General Richard Blumenthal says Apple Inc. and Inc. are trying to stop competitors from offering lower e-book prices.

Blumenthal announced Monday that his office is investigating agreements made by the two companies that deter publishers from giving discounts to other e-book providers.

Blumenthal says the agreements hurt competition. He says he hopes to meet with representatives from both companies to discuss them.

An Apple spokesman said Monday that the company declines to comment. Calls and e-mails to Amazon were not immediately returned.