Business

Massachusetts consumers in line to receive $5m from settlements in an e-book price fixing lawsuit

File photo. Shannon Stapleton/Reuters.
File photo. Shannon Stapleton/Reuters.

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Massachusetts consumers are in line to collectively receive more than $5 million from settlements over an electronic book price fixing lawsuit brought against Apple Inc. and five large e-book publishers, Massachusetts Attorney General Martha Coakley said Wednesday. The lawsuit was brought by the attorneys general of 33 states, including Massachusetts, and the total settlement was $166 million, Coakley’s office said in a press release. The settlements have been approved by the United States District Court for the Southern District of New York. The lawsuit alleged that Apple; Hachette Book Group Inc.; HarperCollins Publishers LLC; Simon & Schuster Inc.; Holtzbrinck Publishers LLC, which does business as Macmillan; and Penguin Group (USA) Inc. conspired to eliminate retail price competition in order to raise e-book prices.

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