Hachette, HarperCollins Look To Exit Apple E-Books Suits

Law360, New York (April 18, 2012, 8:33 PM EDT) -- Hachette Book Group Inc. and HarperCollins Publishers LLC said Wednesday they are negotiating settlements to resolve the Apple Inc. e-books price-fixing lawsuits, potentially ending even consumer class actions as Apple and other publishers prepare to litigate.

The two have adopted a strategy that might allow them to dodge a morass of lawsuits over whether Apple illegally conspired with them and other publishers to jack up e-book prices beyond a de facto $9.99 limit set by Amazon Inc. The litigation's stakes went up last Wednesday when the...
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