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E Book Price Fixing

Friday, August 31, 2012

Did You Buy E-Books Involved in $69 Million Settlement?

Three book publishers have agreed to a settlement in price-fixing conspiracy.

Massachusetts residents who bought e-books through the publishers Hachette Book Group Inc., HarperCollins Publishers LLC, and Simon & Schuster Inc., in the past two years could get a piece of more than $2 million in restitution, officials say. The three book publishers have agreed to pay more than $69 million to customers across the country who bought e-books from April 1, 2010, through May 21, 2012, to settle allegations of price fixing, according to a press release from the office of Attorney General Martha Coakley. “We found compelling evidence that these companies conspired to fix prices and overcharge consumers for some of the most popular e-book titles,” Coakley said, in the release. “Today’s settlement paves the way for restitution …

Alice H

11:35 am on Friday, August 31, 2012

You can also check out ebooks for free from the public library system! I will definitely stick with ebooks -- very easy to read on treadmill & elliptical, and light and easy to take when traveling. I love it when I finish a book and in just a flash can start the next one while I am traveling.   more ›

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