Apple has reached a settlement with plaintiffs in 33 states regarding allegations that it colluded with five major U.S. book publishers to fix the price of e-books. The class action maintained that Apple overcharged plaintiffs $280 million. News of the settlement came on Tuesday via a filing with U.S. District Judge Denise Cote by Steve Berman, an attorney representing some of the plaintiffs. Terms of the settlement have not been disclosed and still need to be approved by the court.
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Apple Gains an Inch in E-Book Price-Fixing Scrap
Posted by: Erika Morphy June 18, 2014 10:01 AMApple has reached a settlement with plaintiffs in 33 states regarding allegations that it colluded with five major U.S. book publishers to fix the price of e-books. The class action maintained that Apple overcharged plaintiffs $280 million. News of the settlement came on Tuesday via a filing with U.S. District Judge Denise Cote by Steve Berman, an attorney representing some of the plaintiffs. Terms of the settlement have not been disclosed and still need to be approved by the court.