07.03.2016 16:28 Uhr, Quelle: Macrumors
Apple to Pay $450 Million E-Book Settlement After Supreme Court Declines to Hear Appeal
Apple will have to pay a $450 million settlement in the protracted e-books antitrust case, which saw the company found guilty of conspiring with publishers to inflate the prices of e-books back in 2014 (via Bloomberg).
In October, Apple submitted an appeal to overturn the guilty ruling, but today the United States Supreme Court declined to question the verdict, meaning Apple must now comply with that 2014 settlement.
Specifically, the amount will be broken down to have $400 million paid out to e-book customers, $20 million to the states, and $30 million in the form of legal fees. The case saw Apple fighting an accusation that in 2010 it colluded with five publishers -- HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin -- to fix the prices of e-books in order to become a dominant presence in a market overshadowed by companies like Amazon.
Apple has maintained its innocence throughout the initial trial and subsequent appeals, arguing that its deals helped introduce a healthy degr
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