Verlagsgruppe Georg von Holtzbrinck GmbH’s MacMillan unit agreed to pay $20 million to consumers to settle claims it conspired with Apple and other U.S. publishers to fix the prices of electronic books.
The agreement resolves both a lawsuit by U.S. states and a consumer class-action lawsuit, according to an April 25 letter the Texas attorney general sent to U.S. District Judge Denise L. Cote in Manhattan.
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The Justice Department and the other states led by Texas alleged publishers conspired with Apple in 2010 to undermine discounter Amazon.com’s dominance in the e-books market.
Link to the rest at Bloomberg