Apple's $450 million e-book settlement gains court approval
U.S. District Judge Denise Cote had approved Apple's agreement to settle its case where the iBooks-seller was accused of conspiring with five different publishers to raise e-book pricing for customers. The $450 million settlement had received preliminary approval back in August, and now the judge has fully approved it asking Apple to pay $400 million to as many as 23 million iBooks customers and $50 million to attorneys.
As was reported by Reuters:
This $400 million is Apple's settlement, which is separate from the settlements reached by the publishers themselves.
If you want more details on the e-book price fixing saga, be sure to read our prior coverage.
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