Idahoans to receive up to $485,000 in e-book settlement

newsroom@idahostatesman.comMay 23, 2013 

Idaho consumers will be paid as much as $485,000 in restitution as part of settlements with two e-book publishers.

Idaho and 32 other states and territories alleged Penguin Group Inc. and Holtzbrinck Publishers, known as Macmillan, conspired with other major publishers and Apple Inc. to manipulate e-book prices.

The state agreed to settle those claims, according to Idaho Attorney General Lawrence Wasden. Idaho already settled similar claims with Hachette Book Group, HarperCollins Publishers and Simon & Schuster. A trial with Apple is set to begin in June.

The settlement would give e-book sellers more freedom to reduce prices of their e-book titles and would provide $75 million from Penguin and $20 million from Macmillan in restitution for eligible e-book buyers. If approved by U.S. District Court, the settlement would bring the total restitution for Idahoans to $832,000.

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