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Archive for Friday, July 31, 1998

BOOKSTORE CLAIMS $3,000 IN ANTITRUST SETTLEMENT

July 31, 1998

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The Raven Bookstore has received a $3,000 cash payment from a multinational publisher as part of a settlement in an antitrust suit.

The Raven, a locally owned, independent bookstore at 6 E. Seventh St., received the payment as a member of the American Booksellers Assn. The national nonprofit trade group brought an antitrust discrimination suit against Penguin USA. The publisher was accused of giving substantial and secret cash discounts to big conglomerate booksellers.

``We're very pleased,'' said Mary Lou Wright, co-owner and co-founder of the Raven. ``This payment helps vindicate what independent booksellers have been saying for years: Publishers need to treat all booksellers legally. Unfairly favoring one store over another is, in the long run, bad for all businesses and bad for readers.''

The booksellers association has since filed suit against Barnes & Noble Inc. and Border's Group Inc. of using their clout with publishers to get preferential treatment. Borders opened an outlet in downtown Lawrence late last year. That lawsuit is pending in federal court in California.

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