Publishers Reach $69 Million Settlement with State AGs over E-Book Price-Fixing Claims

, The Litigation Daily

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Three of the largest book publishers will shell out $69 million to settle antitrust claims by state AGs that they conspired to keep e-book prices artificially high. The preliminary settlement agreement was filed on Wednesday in Manhattan federal district court by the publishers—Hachette, HarperCollins, and Simon & Schuster—and the AGs of 49 states and the District of Columbia.

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