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Indiana, 32 states, reach agreement with Apple for allegations of E-Book Price-Fixing Claims
Start Date: 7/18/2014 All Day
End Date: 7/18/2014
Entry Description

Indiana, 32 states, reach agreement with Apple for allegations of E-Book Price-Fixing Claims 

Attorney General Greg Zoeller applauds payments back to consumers of up to $400 million

INDIANAPOLIS - Indiana Attorney General Zoeller announced a proposed settlement with e-book publisher and computer giant Apple Inc. for its part in a 2-year price-fixing conspiracy.  The settlement agreement would resolve claims brought by Indiana, and 32 other states and territories, on behalf of customers that overpaid for their e-books.

“This settlement, combined with previous publisher settlements, will not only reimburse consumers for some of their losses, but send a strong signal that price-fixing in any industry will result in enforcement consequences,” Zoeller said.

E-book purchasers nationwide have already received compensation from a $166 million settlement paid by the five other publishers involved in the conspiracy – Penguin Group (USA), Inc. (now part of Penguin Random House); Holtzbrinck Publishers LLC d/b/a Macmillan; Hachette Book Group Inc.; HarperCollins Publishers LLC; and Simon & Schuster Inc.

The amount that customers will be eligible to receive is contingent upon the resolution of Apple’s appeal of a 2013 ruling that Apple violated antitrust laws by orchestrating a conspiracy with five publishers to artificially raise prices for E-books between 2010 and 2012. That appeal is currently pending before the United States Court of Appeals for the Second Circuit.

Consumers nationwide will receive up to $400 million once the settlement receives final approval which may take several months.  More than 350,000 Indiana customers will receive up to $6.5 million.   

The settlement must still be approved by the U.S. District Court for the Southern District of New York. 

Attorney General Greg Zoeller thanks Deputy Attorney General Jeremy Comeau for his work on this case. 
Contact Information:
Name: Jaime Barb
Phone: 317-234-8105
Email: jaime.barb@atg.in.gov
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