E-book accord OK’d, setting stage for pricing war
The New York TimesPublished Sep 6, 2012 06:50PM MDT
A federal judge Thursday approved a settlement with three major publishers in a civil antitrust case brought by the Justice Department over collusion in e-book pricing, paving the way for a war over the cost of digital books in the coming months.
Denise Cote, the federal judge in Manhattan who is overseeing the case, rejected arguments against the settlement, saying they were “insufficient” to deny its approval.
Utah consumers will get about $630,000 from the $69 million settlement. An administr...