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Old 06-17-2014, 12:34 PM   #1
6charlong
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Join Date: Apr 2007
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Device: Kindle, nook, Apple and Kobo
Apple reaches settlement on eBook price fixing

An article in the Wall Street Journal (http://online.wsj.com/articles/apple...wpisrc=nl_swbd) reports that a settlement has been reached. The Government was asking to have Apple monitored to prevent this behavior in future but several States joined the action and they want money.

Quote:
The plaintiffs had been seeking $840 million from Apple, claiming that the company overcharged consumers by $280 million for e-books and that it should have to pay three times that amount. An Apple spokeswoman declined to comment.
The details of the settlement are sealed pending review by the Court.

Edited to add link to older discussion:

This announcement is also discussed on MR here: https://www.mobileread.com/forums/sho...=236633&page=5 beginning on page 64.

Last edited by 6charlong; 06-17-2014 at 01:00 PM.
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