Violation Tracker Individual Record

Company: 
Penguin Group (USA) Inc.
Current Parent Company: 
Bertelsmann
Penalty: 
$90,000,000
Year: 
2014
Date: 
November 21, 2014
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

A group of states sued several leading book publishers and Apple Inc. alleging they conspired to fix the price of electronic books. The publishers agreed to pay a total of $166 million while Apple ended up paying $450 million. Penguin's share was $90 million.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Court: 
Southern District of New York
Civil or Criminal Case: 
civil
Case ID: 
1:12-cv-03394
Case Name: 
Texas et al. v. Penguin Group et al.
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
media
Specific Industry of Parent: 
media; publishing
Link to PACER Case Docket (must be logged in): 
Link to Archived Court Document: 
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.