Pearson's Penguin Must Participate in E-Book Fixing Trial

February 28, 2013

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Pearson Plc (PSON)’s Penguin unit must participate in a June trial in which the U.S. alleges an electronic book price-fixing conspiracy with Apple Inc., a judge ordered.

U.S. District Judge Denise Cote in New York yesterday also ordered Penguin to provide its initial witness list by March 1. Penguin has until March 15 to file a motion if it decides not to defend against the lawsuit and to request to hear the testimony of two of its executives at the trial....

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Source: BusinessWeek

Companies Mentioned:

Apple

Hachette Book Group

Pearson Company

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