Penguin Settles E-Books Suit

    Andy Rain / EPA / Landov

    Penguin Books has become the last of the five major publishers to reach a settlement with the U.S. Department of Justice over an alleged e-books price-fixing lawsuit. Penguin, Hachette, Simon & Schuster, HarperCollins, and Macmillan were accused of colluding with computer giant Apple to fix the price of e-books to compete with Amazon's low $10 tag. Penguin will pay $75 million to reimburse consumers. Currently Apple is the only remaining defendant in the DOJ case, which is scheduled to go to trial in June.

    Read it at The Christian Science Monitor