Judge approves settlement for Hachette, Simon & Schuster and HarperCollins in ebook lawsuit

It's a big day in the world of ebooks, and not just for the crew at Amazon. Today, Judge Denise Cote approved settlement terms for three of the publishers accused by the Justice Department of price fixing. Hachette Book Group, Simon & Schuster and HarperCollins each agreed to settle with the government, rather than face trial -- as Apple, Macmillian and Penguin Group will do in June of 2013. As part of the settlement agreement, each of the publishers will be required to terminate their contracts with Apple within one week. Similarly, they will be required to end contracts with other ebook retailers where clauses exist that would hinder the seller's ability to set pricing. Further, the settling companies won't be able to form contracts for the next two years with ebook retailers that would hinder the seller's discretion to set pricing. During the settlement approval period, individuals and companies alike were given 60 days to weigh in on the matter, which included objections from the American Booksellers Association, the Authors Guild and Barnes & Noble. Ultimately, Judge Cote determined that arguments against the settlement were "insufficient" to block the approval.Judge approves settlement for Hachette, Simon & Schuster and HarperCollins in ebook lawsuit originally appeared on Engadget on Thu, 06 Sep 2012 16:59:00 EDT. Please see our terms for use of feeds.Permalink   |  The New York Times  | Email this | Comments Continue reading at 'Engadget'

[ Engadget | 2012-09-07 00:00:00 UTC ]

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B&N on Manhattan's Upper West Side Files for Union Election

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[ Publishers Weekly | 2024-02-20 05:00:00 UTC ]
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In the dark days of the pandemic, 36 famous authors found light in a collaborative novel

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[ Los Angeles Times | 2024-02-06 16:00:00 UTC ]
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How OpenAI's ChatGPT has changed the world in just a year

Over the course of two months from its debut in November 2022, ChatGPT exploded in popularity, from niche online curio to 100 million monthly active users — the fastest user base growth in the history of the Internet. In less than a year, it has earned the backing of... Continue reading at Engadget

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Workers at Two More B&N Stores Vote to Unionize

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Barnes & Noble’s Best Books of the Year

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Ann Patchett Isn’t Parting With WordPerfect

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[ Baltimore Sun | 2023-07-19 17:11:00 UTC ]
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