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Apple $450 Million E-Book Settlement Gets Final Court Approval


Ron Burgundy
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The Apple logo is lit on the first day of sale for the iPhone 6 and iPhone 6 Plus, in SydneyBy Nate Raymond NEW YORK (Reuters) - A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. During a hearing in Manhattan, U.S. District Judge Denise Cote approved what she called a "highly unusual" accord. It calls for Apple to pay $400 million to as many as 23 million consumers if the company is unsuccessful in appealing a ruling that found it liable for antitrust violations. ...




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