On Friday, Judge Denise Cote granted entry of final judgment, approving the federal government’s settlement with Penguin in their ebook pricing case. That increases the likelihood that Penguin will move to “agency lite” pricing of their ebooks sometime soon. But we don’t know that for sure. It took about two months after Macmillan settled and warned authors new prices could “take effect quickly” before there was any change in the marketplace. In fact, retailers could have moved to new arrangements with Penguin earlier in the year, and have not done so yet. The original settlement required Penguin to notify retailers of […]
