Tag Archives: anti-trust

Penguin agrees to $75M settlement in Apple iBooks price fixing lawsuit

Why can’t everyone be a good corporate citizen?

Book publisher Penguin announced on Wednesday it has reached a $75 million “comprehensive agreement” with U.S. State Attorneys General and private class plaintiffs over e-book price fixing allegations connected to Apple and its iBookstore for iOS.

http://appleinsider.com/articles/13/05/22/penguin-agrees-to-75m-settlement-in-apple-ibooks-price-fixing-lawsuit

Apple goes to court on June 3 for allegedly colluding in this price-fixing scheme., prefering to have their day in court instead of settling with the attorney general.   Why can’t everyone be a good corporate citizen?