Barnes & Noble Education Inc., McGraw-Hill Global Education Holdings LLC, and other leading textbook publishers and retailers were hit with an antitrust lawsuit in Delaware federal court Thursday claiming they’re trying to drive independent college bookstores out of the market for online course materials.
“They disguised their anti-competitive actions as technological advancements, but that was not their true purpose or effect,” the suit says. “The conspiracy’s end goal and result is eliminating competitors and raising prices.”
The proposed class action was filed in the U.S. District Court for the District of Delaware by a group of independent off-campus bookstores.
The ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.