Friday, August 31, 2012

Publishers Settle eBooks Suit


Attorney General Douglas F. Gansler, joined by 54 attorneys general from other states, U.S. territories and the District of Columbia, announced today that an antitrust settlement has been secured with three of the nation's largest book publishers. Under the settlement, Hachette Book Group, Inc, HarperCollins Publishers L.L.C. and Simon & Schuster Inc. have agreed to pay more than $69 million to consumers, resolving antitrust claims of an alleged unlawful conspiracy to fix the prices of electronic books, also known as e-books. Maryland consumers will receive up to $1.64 million from the settlement.