Hewlett-Packard Co. (HPQ) has agreed to pay $32.5 million to
resolve allegations that the computer giant overcharged the U.S.
Postal Service for certain products, the Justice Department said
Friday.
The Justice Department alleged H-P overcharged USPS between 2001
and 2010 by failing to comply with the pricing terms of the pair's
contract, including a requirement that H-P provide prices that were
no greater than those offered to H-P customers with comparable
contracts.
A representative for H-P didn't immediately respond to requests
for comment.
The DOJ also alleged H-P made misrepresentations during the
negotiation of the contract with the USPS regarding its pricing and
its plans to ensure it would provide the required most favored
customer pricing.
The claims resolved by the settlement are allegations only and
there has been no determination of liability, the Justice
Department said.
Write to Anna Prior at anna.prior@wsj.com
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