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Violation Tracker Individual Record

Company: Penguin Group (USA) Inc.
Current Parent CompanyBertelsmann
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Penalty: $90,000,000
Year: 2014
Date: November 21, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
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 Current Parent: Germany
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: media
Specific Industry of Current Parent: media; publishing
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.