HarperCollins, Hachette Near E-Book Price-Fixing Deal

Law360, Los Angeles (May 1, 2012, 10:19 PM EDT) -- HarperCollins Publishers LLC and Hachette Book Group Inc. have reached a tentative settlement with 15 states suing over alleged Apple Inc. e-books price-fixing, a Texas state official said Monday, prompting a New York federal judge overseeing related multidistrict litigation to stay the states’ lawsuit against the two publishers.

In a letter to U.S. District Judge Denise L. Cote on Monday, Texas Assistant Attorney General Gabriel R. Gervey said HarperCollins and Hachette had both entered into written memoranda of understanding with the 15 states and Puerto Rico...
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