AP News

Hawaii part of $69M nationwide antitrust deal


HONOLULU (AP) — The Hawaii attorney general's office says consumers in the state could receive up to $300,000 in compensation under a nationwide settlement with three of the country's largest book publishers over price fixing allegations.

Hawaii Attorney General David Louie says the state's share is part of a $69 million antitrust agreement agreed to by Hachette Book Group Inc., HarperCollins Publishers LLC, and Simon & Schuster Inc.

A lawsuit alleged a conspiracy to fix the prices of electronic books. The lawsuit and settlement stem from an investigation by the Connecticut and Texas attorneys general and the U.S. Department of Justice's Antitrust Division.

Consumers who purchased e-books from any of the publishers from April 2010 through May 21 can be compensated. Payments are to begin a month after a court approves the deal.


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus