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Judge Approves Settlement in E-Book Pricing Case

Published on September 6, 2012
by Chad Bray and Jeffrey A. Trachtenberg

In a move that could reshape the publishing industry, a federal judge has approved a settlement with three of the nation’s largest book publishers over alleged collusion in the pricing of e-books.

The approval comes as Apple Inc. and two other publishers are preparing to defend themselves next June over antitrust allegations by the U.S. Department of Justice that they agreed to keep e-book prices artificially high in an effort to force Amazon.com Inc. to stop its steep discounting.

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