It was announced last Friday that the US Department of Justice has now reached a settlement with Macmillan, the last of the five publishers involved in the e-book price fixing case that has cropped up in the news several times over the past few months. This is the case that saw the five publishers (Macmillan, Simon & Schuster, HarperCollins, Penguin Group and Hachette Book Group Inc), as well as Apple, accused of colluding to alter the prices of e-books.
The case is continuing against Apple and a trial is set to take place in June. As a result of their settlement with the DoJ, Macmillan has agreed to lift its restrictions on the kind of pricing promotions e-book sellers can hold. This means that retailers will be able to charge lower prices for the publisher’s e-books, and this will be monitored under the settlement’s terms.
We have already seen the e-book prices from other publishers involved in the case become lower as a result of their settlements, which should be good news for readers as titles become more affordable in e-book form.
Still, the case continues against Apple, so it looks like this is a topic we will return to again in the coming months.
In the meantime, you can read more about Macmillan’s settlement with the Department of Justice here.
Published on February 11, 2013 04:34