Jus­tice reaches e-book set­tle­ment

Austin American-Statesman - - BUSINESS -

WASHINGTON — The Jus­tice De­part­ment says it has reached a set­tle­ment with one of the na­tion’s largest book pub­lish­ers over charges it con­spired with other com­pa­nies to raise prices for elec­tronic books.

Fed­eral of­fi­cials say the agree­ment with Pen­guin Group (USA) Inc., if ap­proved by a court, would re­move the com­pany from the government’s law­suit against Ap­ple and Macmil­lan. That trial is to be­gin in June.

The Jus­tice De­part­ment set­tled ear­lier with Ha­chette Book Group, Inc., HarperCollins Pub­lish­ers LLC and Simon & Schus­ter Inc. Fed­eral of­fi­cials sued in April, say­ing Ap­ple and sev­eral pub­lish­ers con­spired in the fall of 2009 to force e-book prices sev­eral dol­lars above the $9.99 charged by Ama­zon.com on its pop­u­lar Kin­dle de­vice.

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