Penguin Settles E-Book Pricing Case

December 18, 2012

The Justice Department said it has reached a settlement with Pearson Plc’s Penguin Group in the government’s investigation of alleged price-setting in the e-book market. The Justice Department had accused Apple and five publishers in April of illegally colluding on prices as part of an effort to fight Internet retailer Amazon.com’s dominance of e-books.

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