Penguin joins settlement in US e-books lawsuit

Penguin Group has agreed to join three other publishers in a settlement of a US government lawsuit alleging an e-book price-fixing conspiracy with Apple, officials said.

The Justice Department said that with four of the five publishers having agreed to a settlement, it will proceed in its case against Apple and the remaining publisher, Macmillan.

The agreement was filed in a US federal court in New York and would end Penguin’s role as a defendant in the civil antitrust lawsuit filed by the department on April 11.

via Business feed http://www.scmp.com/business/companies/article/1108126/penguin-joins-settlement-us-e-books-lawsuit