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February 11, 2013By Michael Cader

Macmillan Settles 3 Cases; Discounting Starts this Week, Stimulus Starts Soon, But Penguin Still Hasn’t Settled with States

February 11, 2013By Michael Cader

On Friday Macmillan actually agreed to settle three lawsuits all at once–the ebook pricing case brought by the Department of Justice, but also the parallel case led by a consortium of attorneys general for the states and even the class-action case filed on behalf of consumers. Separately, also on Friday, the presiding judge over all of the cases Denise Cote gave final approval to the states’ settlement with Hachette Book Group, HarperCollins and Simon & Schuster. As a result, the payout of restitution to qualifying consumers will begin “as soon as practicable.” (Earlier documents indicated payouts would begin 30 days […]

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Filed Under: DOJ, Legal

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