TITLE

Penguin to court on ABA suit: Wait for FTC ruling

AUTHOR(S)
Baker, John F.; Reid, Calvin
PUB. DATE
July 1994
SOURCE
Publishers Weekly;7/11/1994, Vol. 241 Issue 28, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the request of Penguin USA's lawyers to the court to stay the American Booksellers Association's (ABA) antitrust suit against the company pending a resolution of the Federal Trade Commission's (FTC) investigation of other publishers on similar issues. Penguin brief explaining the need to wait for FTC's ruling in its investigation of pricing practices of the six largest publishers in the industry.
ACCESSION #
9407292366

 

Related Articles

  • ABA, Penguin to conduct joint probe of mystery discounts. Milliot, Jim // Publishers Weekly;3/24/1997, Vol. 244 Issue 12, p22 

    Reports that Penguin USA joined the American Booksellers Association (ABA) in filing a joint application March 17, 1997 with Judge John Keenan of the US District Court for the Southern District of New York, asking the court for authority to investigate factors related to Penguin's unauthorized...

  • Penguin to pay ABA $25 million in settlement. Milliot, Jim; Mutter, John // Publishers Weekly;10/13/1997, Vol. 244 Issue 42, p10 

    Reports that the American Booksellers Association (ABA) will receive $25 million from Penguin USA to settle the association's complaint that the publisher offered cash discounts to some of its accounts but not to others. Details of the disbursement; Provisions of the agreement; Comments from ABA...

  • Penguin will not exhibit at 1995 ABA show in Chicago. Baker, John F.; Milliot, Jim // Publishers Weekly;6/27/1994, Vol. 241 Issue 26, p10 

    Reports on Penguin USA's withdrawal from the 1995 American Booksellers Association (ABA) convention in Los Angeles, California. Involvement in an antitrust lawsuit; Comments from company president John Moore; ABA's complaint against Penguin and two other publishers; Lawsuit costs.

  • ABA monitoring Penguin discount probe. Milliot, Jim // Publishers Weekly;2/24/1997, Vol. 244 Issue 8, p10 

    Declares that the American Booksellers Association (ABA) will continue to monitor a probe into Pearson's announcement that it may take a charge of over $160 million to account for unauthorized discounts given by Penguin USA. What the investigation has uncovered in hidden discounts, according to...

  • Judge denies publishers' motions to dismiss ABA suit. Milliot, Jim // Publishers Weekly;3/13/1995, Vol. 242 Issue 11, p8 

    Reports on developments concerning the American Booksellers Association's (ABA) antitrust lawsuit against publishers Penguin USA, St. Martin's Press, Houghton Mifflin and Rutledge Hill. Denial of four defendants' motions to have the case dismissed; Denial of four defendants' request for a stay;...

  • Pearson ends Penguin probe, though ABA presses on. Milliot, Jim // Publishers Weekly;5/12/1997, Vol. 244 Issue 19, p16 

    Announces that an internal investigation of improper accounting practices at Penguin's USA subsidiary has been completed. Determination by the accounting firm of Price Waterhouse that no senior Penguin executive was aware of wrongdoing; Assertion by Lord Blakenham, Pearson chairman, that there...

  • A discount dodge costs Penguin $220 million. Dabowski, Stephen; Schmidt, Lucinda // BRW;03/03/97, Vol. 19 Issue 7, p100 

    Discusses a financial scandal that will cost Penguin Books in the United States, and Pearson media group in Britain, the company that owns it, several million dollars. Controversy surrounding an un-named bookkeeper who engaged in improper accounting that that auditors failed to spot; Background...

  • Penguin suing Wordsworth in U.K. over covers.  // Publishers Weekly;6/1/1998, Vol. 245 Issue 22, p20 

    Discusses the suing of Wordsworth Editions by Penguin Books because of cover similarities. Comments from both sides of the case; Dispute between Random House UK and Reed over the payment of royalties and books sales.

  • Publishers sued by ABA take offensive. Mutter, John // Publishers Weekly;2/13/1995, Vol. 242 Issue 7, p21 

    Reports on a motion filed by five publishers-defendants of an antitrust suit brought by the American Booksellers Association (ABA). Arguments for the dismissal of ABA's suit; Challenge on ABA's legal standing to bring such a suit; Opposition on the Robinson-Patman Act as the basis for the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics