Estimated reading time: 0 minutes, 31 seconds

Settlement: Macmillan Lifts e-Book Retailer Discount Restriction

Holtzbrinck Publishers LLC, which does business as Macmillan, has agreed to, among other things, immediately lift its restrictions on discounts by e-book retailers.

The deal is part of settlement of the Department of Justice's case alleging Macmillan and five other publishers conspired to raise e-book prices in violation of federal antitrust law, according to a recent article from the Legal Times.

 

Four of the other five defendant publishers in the case have already settled with the DOJ, leaving Apple Inc. as the sole defendant left in the case. Apple’s case is pending in Manhattan federal court.

Read the full article from the Legal Times here.

Enhanced by Zemanta
Read 4130 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.