TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

HP to pay $32.5M to settle Postal Service dispute

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

Business Photo Galleries

By The Associated Press
Saturday, Aug. 2, 2014, 12:01 a.m.
 

Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the Postal Service for products over more than eight years.

In the dispute, the Postal Service alleged that HP failed to comply with pricing terms of its contract with the Postal Service, including a requirement that HP provide prices that were no greater than those offered to its other customers with comparable contracts.

The Justice Department said the claims resolved by the settlement are allegations only, and there's been no determination of liability.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Small retailers at intersection of social networks, foot traffic
  2. Woman on dating site looks too good to be true: How to vet that pic
  3. 153-year-old Venango well pumps out oil, history
  4. In ‘StockCity,’ real investing like game
  5. Test-tube tuna may be sea change
  6. Business Council for Peace program works to export profits, peace
  7. Health care, gas drilling industries await Gov.-elect Wolf’s footprint
  8. Kennametal names replacement for retiring CEO
  9. Toyota to begin selling 1st fuel cell vehicle, Mirai, in December
  10. Iron ore price decline hurts U.S. Steel’s cost advantage over rivals
  11. Generic drug price spikes draw Senate inquiry
Subscribe today! Click here for our subscription offers.