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HP to pay $32.5M to settle Postal Service dispute

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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.

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