Settlement calls for refunds to Indiana consumers

Settlement calls for refunds to Indiana consumers

Settlement calls for refunds to Indiana consumers

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by Associated Press

WHAS11.com

Posted on May 24, 2013 at 9:45 PM

   INDIANAPOLIS (AP) -- Indiana Attorney General Greg Zoeller says state residents who bought E-books published by Penguin Group would receive $1.15 million in refunds as part of a multistate investigation into price-fixing and collusion.
 
   Zoeller said Friday that Indiana, along with the other states, reached an agreement with Penguin to settle allegations that it colluded with other major publishers to manipulate prices in the E-book market. He said the agreement with Penguin still must be approved by a U.S. District judge in New York.
 
   Indiana has previously settled with four other publishers. Zoeller said the five settlements will result in Indiana consumers receiving $2.7 million in refunds.
 
   He said Indiana's antitrust action against Apple Inc. is scheduled to go to trial in June.

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