Judge stays price-fixing class-action suit against Hachette, HarperCollins

PaidContent reports that a judge has stayed an e-book price-fixing class-action case against publishers Hachette and HarperCollins on the grounds that the publishers are close to settling with state governments over the matter, and the states’ lawsuits trump the class action. Apart from Macmillan and Penguin, who are fighting the suit, Simon & Schuster wasn’t named because it has not signed a formal settlement memorandum yet.

This is hardly a surprise, of course, but it’s understandable that the plaintiffs would find this a bit disappointing; damage awards would likely be higher in a jury trial than in a state settlement. (And it will also be disappointing for the lawyers, who would take a big chunk off the top of any settlement if their case went through.)

About Chris Meadows (4158 Articles)
TeleRead Editor Chris Meadows has been writing for us--except for a brief interruption--since 2006. Son of two librarians, he has worked on a third-party help line for Best Buy and holds degrees in computer science and communications. He clearly personifies TeleRead's motto: "For geeks who love books--and book-lovers who love gadgets." Chris lives in Indianapolis and is active in the gamer community.

1 Comment on Judge stays price-fixing class-action suit against Hachette, HarperCollins

  1. I’m beginning to wonder if a general boycott is the best way to send a message. How about we refuse to buy ebooks from the big 6 until they drop the prices – at least to the level of the paperback.

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