Major Publishers Ready to Settle eBook Probe


The Wall Street Journal reports that Simon & Schuster, HarperCollins and the Hachette Book Group will consider settling investigations into eBook price fixing in the United States and Europe.

The Wall Street Journal says: “While the settlement terms haven’t been finalized, early indications suggest they could have broad repercussions for the fast-growing e-book market. A settlement would likely involve tearing up contracts the publishers signed with Apple when it first introduced the iPad tablet computer in 2010, according to the people familiar with the matter.”

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