Connecticut Attorney General George Jepsen issued a release on Wednesday stating that Penguin Group has reached a settlement in which it was accused of fixing the prices of eBooks. The book publisher will pay $75 million in consumer restitution and as injunctive relief, Jepsen said. Three other publishers accused of being in on the scheme – Hachette Book Group, HarperCollins Publishers and Simon & Schuster – settled last April.
“Consumers are entitled to a fair, open and competitive marketplace,” said Attorney General Jepsen. “This agreement is yet another step toward providing restitution to those consumers who were harmed by alleged price-fixing within the eBook market and will further ensure that, going forward, consumers benefit from fair competition in the sale of eBooks.”
Apple, meanwhile, is still fighting the allegations and a trial is scheduled in New York on June 3. Apple CEO Tim Cook may be called to testify in front of the court.