Report: Simon & Schuster Settles With States Over E-Book Price-Fixing Lawsuit

CORRECTION: Simon & Schuster was not the first publisher to settle. Hachette and HarperCollins have also settled.

CNET, which is owned by Simon & Schuster parent company CBS, has the scoop (Simon & Schuster settles antitrust-ebook suit with state AGs):

Simon & Schuster, one of the five major book publishers accused in multiple lawsuits of conspiring with Apple to fix e-book prices, has settled the complaint filed by numerous states’ attorney generals, CNET has learned.

Simon & Schuster (owned by CNET’s parent company, CBS) is believed to be the first of the five defendant publishers to settle with the states. The terms of the settlement weren’t provided in court documents. A Simon & Schuster spokesman declined to comment. Spokespeople for Apple and the Texas AGs office did not immediately respond to a request for comment but we will update as soon as we hear back.

Read more at CNET.


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