|
Title: News: Apple settles with states, consumers for e-book price fixing Post by: HCK on June 17, 2014, 09:00:27 pm News: Apple settles with states, consumers for e-book price fixing
Apple has settled with states and consumers seeking damages from the company’s role in fixing e-book prices, Bloomberg reports. The company avoids a trial set for next month in which the company faced up to $840 million in damage claims; terms of the settlement were not disclosed. A judge ruled last July that Apple conspired to raise e-book prices — the upcoming trial would have provided additional state-level consumer relief based upon the… Source: News: Apple settles with states, consumers for e-book price fixing (http://www.ilounge.com/index.php/news/comments/apple-settles-with-states-consumers-for-e-book-price-fixing/) |