TORONTO (Reuters) - Publisher HarperCollins has agreed to donate C$150,000 ($120,000) in books as part of a settlement with a Canadian law enforcement agency over accusations it colluded with rival publishers and Apple Inc to set prices, the agency said on Tuesday.
The deal ends litigation against HarperCollins, owned by News Corp , after Canada's Competition Bureau charged that it and other publishers entered into distribution agreements with individual retailers that eliminated retail price competition on ebooks, most notably by pushing up prices that Amazon.com Inc could charge.
The agreement would restore retail price competition for ebooks in Canada, the agency said in a statement.
The Competition Bureau reached similar deals with Apple and the other publishers - Lagardere SCA's Hachette, Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan and CBS Corp's Simon & Schuster - almost a year ago.
The U.S. Supreme Court in 2015 declined to hear Apple's challenge to earlier rulings on the practice in the United States, forcing it to pay a $450 million settlement.
HarperCollins could not be reached for comment.
($1 = 1.2456 Canadian dollars)
(Reporting by Alastair Sharp; Editing by Jim Finkle and Rosalba O'Brien)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
