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Author Topic: News: Apple settles with states, consumers for e-book price fixing  (Read 182 times)
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« 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
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