Hachette Book Group, HarperCollins Publishers and Simon & Schuster have agreed to pay a total of more than $69 million to consumers to resolve antitrust claims of alleged unlawful conspiracy to fix the prices of electronic books. The three companies further agreed to change the way their e-books will be priced. The three publishers settled with 55 attorneys general in nearly every U.S. state and the District of Columbia, as well as several territories.
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Despite $69M Deal, E-Book Pricing Policies Still Unwritten
Posted by: Peter Suciu August 30, 2012 11:54 AMHachette Book Group, HarperCollins Publishers and Simon & Schuster have agreed to pay a total of more than $69 million to consumers to resolve antitrust claims of alleged unlawful conspiracy to fix the prices of electronic books. The three companies further agreed to change the way their e-books will be priced. The three publishers settled with 55 attorneys general in nearly every U.S. state and the District of Columbia, as well as several territories.