A PYMNTS Company

Simon & Schuster settles state AG eBook lawsuit

 |  May 18, 2012

Simon & Schuster has settled the eBook price-fixing claims raised against it in a lawsuit filed by 29 state attorney generals. The lawsuit is similar to, but distinct from, the DOJ eBook case: the states allege that Apple and five publishers conspired to move to an agency model, pressuring eBook retailers to accept the model and the attendant higher prices of eBooks.

U.S. District Judge Denise Cote granted a motion to dismiss Simon & Schuster from the complaint on Tuesday, May 15. Two other publishers, Hachette and HarperCollins, have also settled with the states. The three publishers have already settled with the DOJ in their separate case against eBook publishers. A separate consumer class action is also pending.

Full content: CNET


Related contentImplications of Wal-Mart v. Dukes for Federal Antitrust Class Actions (Aidan Synnott & William Michael, Paul Weiss)


Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.