Feds, states take on e-book market

Bryan Cohen Apr. 12, 2012, 9:00am


WASHINGTON (Legal Newsline) - U.S. Attorney General Eric Holder and a multistate group of attorneys general, including Texas AG Greg Abbott, announced a settlement on Wednesday with three of the biggest U.S. book publishers and continuing litigation against Apple Inc. and two other publishers.

The proposed settlement with Hachette Book Group, HarperCollins Publishers LLC and Simon & Schuster Inc. would require the companies to give retailers such as Barnes & Noble and Amazon freedom to reduce their e-book prices.

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