Justice Department, Penguin Reach Settlement on E-Book Pricing
The Justice Department said today it had reached a settlement with Penguin Group (USA), one of six companies it had accused of conspiring to raise prices of e-books. The agreement, if approved by the court, would leave only two companies — Apple and Macmillan — facing the lawsuit, due to go to trial in June. Settlements were reached earlier with Hachette Book Group, HarperCollins and Simon & Schuster.
