Wed May 22, 2013
Texas Settles E-book Suit vs. Penguin Group
The Texas attorney general’s office has settled a lawsuit against Penguin Group, accusing the country's largest book publisher of colluding with Apple to raise the prices of electronic books.
Texas sued along with 32 other states and territories.
If the agreement is approved by a federal judge, $75 million will go to people who bought e-books.
Texas had already settled with four other publishers. The claims against Apple are scheduled for trial next month.