The US Department of Justice has announced it has reached a settlement with the final e-book publishing firm accused of price-fixing its e-Books and colluding with Apple. The firm apparently agreed to “immediately” stop restrictions on discounting its e-books by retailers like Amazon; its business practices will also be under watch according to the agreement. Macmillan has reportedly reached a settlement agreement along with Penguin Group, Hachette Book Group Inc., HarperCollins and Simon & Schuster. According to an official statement by the DOJ, the authority will now pursue a case against Apple concerning the matter, with a trial scheduled to begin in June of this year.
Full Content: The Raw Story
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Nigerian Court Confirms Consumer Protection Commission’s Authority Over Telecom Sector
Feb 10, 2025 by
CPI
Microsoft Under French Antitrust Investigation Over Bing Practices
Feb 10, 2025 by
CPI
Hausfeld Grows Antitrust Litigation Team
Feb 10, 2025 by
CPI
Microsoft Seeks to Ease EU Antitrust Concerns With Office Pricing Adjustment
Feb 10, 2025 by
CPI
South Korea Flags Chinese AI App DeepSeek Over Data
Feb 10, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon