W.Va. AG announces settlement with book publishers
CHARLESTON, W.Va. (AP) — West Virginia electronic books consumers are expected to receive $300,000 under a nationwide settlement with three book publishers over allegations of price fixing.
Attorney General Darrell McGraw says the money is part of a $69 million antitrust settlement with 54 attorneys general for the other states, districts and territories.
The agreement is with Hachette Book Group Inc., HarperCollins Publishers LLC, and Simon & Schuster Inc.
The publishers also will have to allow online retailers to competitively price all e-books in the future. They also will pay $7.5 million to the states to cover costs.
Payments to consumers who bought e-books from the publishers between April 1, 2010, and May 21 are to begin a month after a court approves the deal.
The publishers had earlier settled with the U.S. government.