Thursday, July 17, 2014

Apple to Pay Up to $400 Million to Settle E-Books Suit

Apple Inc. has agreed to pay as much as $400 million to settle a civil lawsuit related to the pricing of e-books, contingent on the consumer electronics giant's appeal of last year's antitrust case. Apple on Wednesday continued to deny that it conspired to fix e-book pricing and said it would keep fighting. A spokesman added the company did nothing wrong.

Source: http://blogs.wsj.com/law/2014/07/16/apple-to-pay-up-to-400-million-to-settle-e-books-suit/?mod=smallbusiness

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