Utah Joins E-Book Price Fixing Lawsuit

May 15, 2012

The state of Utah has joined an antitrust lawsuit accusing publishers of fixing e-book prices.

The Utah Attorney General’s Office says Utah has joined 29 other states, Puerto Rico and the District of Columbia in seeking damages for customers.

The lawsuit, filed in U.S. District Court in New York, accuses Apple Inc., Penguin Group, Holtzbrinck Publishers and Macmillian Publishers of participating in a price-fixing scheme in violation of federal and state antitrust laws.

The suit claims the publishers artificially raised prices by using a distribution model in which the price for e-book bestsellers was set at $12.99 and $14.99.

The complaint contends the alleged scheme ended retail price competition by requiring all distributors to sell e-books at the same price, and cost e-book customers more than $100 million in overcharges.

Latest Comments

  • May 16, 2012 at 10:31 am
    Jon says:
    With the closing of Borders, and the ridiculousness of the ebook market right now--I've really been getting the mileage out of my library card. The only good thing about ebook... read more
  • May 16, 2012 at 10:14 am
    wvagt says:
    Ditto, Jon. My local public library is "loaning" some ebooks - the selection is somewhat limited now, but steadily increasing. Meanwhile, borrowing a paper book is still fre... read more
  • May 15, 2012 at 2:49 pm
    Jon says:
    Good on those states! I have an ebook reader, and an Ipad. What I don't do any longer? Buy ebooks. I find it absolutely ridiculous to pay full retail price for what is essenti... read more
See all comments

Add a Comment

Your email address will not be published. Required fields are marked *


More News
More News Features