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Apple Agrees To Conditional $450 Million E-Books Antitrust Accord


Ron Burgundy
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Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in Tokyo(Reuters) - Apple Inc has agreed to pay $450 million to resolve U.S. state and consumer claims the iPad manufacturer conspired with five major publishers to fix e-book prices, according to court records filed Wednesday. A ruling by the 2nd U.S. Circuit Court of Appeals in New York reversing the liability finding could under the settlement either reduce the amount Apple pays to $70 million, with $50 million for consumers, or eliminate payments altogether.




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