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Justice Department, Penguin Reach Settlement on E-Book Pricing

Published on December 18, 2012
by John Murrell

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.

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URL: http://allthingsd.com/20121218/justice-department-penguin-reach-settlement-on-e-book-pricing/