United States settles e-books case with publisher Macmillan

  • Publishing house Macmillan has become the fifth and final American book publisher to sign a settlement with the government in an antitrust case that accused them of raising e-book prices.

    On Friday, Macmillan and the Justice Department filed the proposed settlement, which requires a judge's approval, in a U.S. District Court in Manhattan.

    Under the proposed settlement agreement, Macmillan must allow discounting by e-book retailers and report to the Justice Department its communication with other publishers.

    Macmillan, a small firm also known as Holtzbrinck Publishers LLC, was the last amongst five publishers sued by the government in April 2012.

    Three publishers settled immediately while Pearson Plc's Penguin Group settled in December.

    The Justice Department will continue to take legal action against Apple, which is accused of conspiring with the publishers to raise prices and curb monopolization by Amazon.

    Apple has rejected the allegations. A civil trial for Apple is expected to begin in June.