"Apple last month agreed to settle a class action brought by attorneys general in 33 states. They had sought hundreds of millions of dollars in damages from Apple, claiming it had colluded with book publishers to inflate e-book prices. The class action was certified after Apple lost an earlier antitrust suit brought by the Justice Department in 2012. The government had accused Apple of working with the publishers to raise prices of e-books so that they could break free from the uniform $9.99 pricing that Amazon had set for new e-book releases.Apple Could Pay $400 Million in E-Books Price-Fixing Case - NYTimes.com
The amount Apple would actually have to pay in the class action depends on the outcome of Apple’s appeal in that antitrust suit. If Apple wins the appeal, it could pay nothing."
Thursday, July 17, 2014
Apple Could Pay $400 Million in E-Books Price-Fixing Case - NYTimes.com
Or "it could pay nothing"
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