States, Penguin Settle E-Books Price-Fixing Litigation; Apple Set For Trial

States, Penguin Settle E-Books Price-Fixing Litigation; Apple Set For Trial

NEW YORK - Texas and several other states and territories and classes of purchasers have reached an agreement with Penguin Group (USA) Inc. on allegations that several publishers and Apple Inc. conspired to fix prices of electronic books, according to a May 22 letter filed with the federal judge in New York overseeing the multidistrict litigation (In re: Electronic Books Antitrust Litigation $(All Actions$), No. 11 MD 2293, S.D. N.Y.; State of Texas, et al. v. Penguin Group $(USA$) Inc., et al., No. 12 Civ. 3394, S.D. N.Y.)

Find full version on lexis Advance®
Access this news story on lexis.com®