Phone Scoop

printed November 29, 2015
See this page online at:

Home  ›  News  ›

Apple Settles E-Book Pricing Suit

Article Comments  

Jun 17, 2014, 7:26 AM   by Eric M. Zeman   @phonescooper

Apple has settled a civil lawsuit over the prices it charged for e-books, according to court documents filed in New York. Exact terms of the deal were not disclosed, but the parties have agreed to the basics of the settlement. Consumers and several U.S. states were seeking as much as $840 million over allegations that Apple colluded with publishers to raise the prices of e-books from $10 to $13/$15 for popular titles. Plaintiffs claimed Apple over-charged consumers by $280 million, and sought three times that amount in damages. The settlement will need to be approved by the court before it is implemented. Apple maintains it has done nothing wrong, though it is currently appealing an antitrust ruling levied against it last year.

more info at Wall Street Journal »



This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.