Menu
Apple agrees to pay up to $400 million in e-books price-fixing case

Apple agrees to pay up to $400 million in e-books price-fixing case

The amount Apple pays out depends on the outcome of its appeal of a 2013 antitrust ruling

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on e-books, with the company paying up to US$400 million, depending on the outcome of its appeal in the case, a law firm has announced.

Apple would pay the $400 million in the class-action lawsuit if its appeal of a 2013 court ruling that found the company guilty of antitrust violations is dismissed, said class-action law firm Hagens Berman Sobol Shapiro, which is representing e-book customers in 19 states and four U.S. territories.

If the U.S. Court of Appeals for the Second Circuit reverses and remands the case back to district court, the settlement agreement calls for Apple to pay consumers $50 million to settle their claims, the law firm said. The U.S. Department of Justice and several state attorneys general would be free to continue pressing their claims if that happens, the law firm said Wednesday.

If the court of appeals reverses the 2013 decision by the U.S. District Court for the Southern District of New York, Apple would pay no damages, the law firm said.

The law firm believes the appeals court will uphold the lower court's decision, Steve Berman, managing partner of Hagens Berman, said in a statement.

Apple representatives didn't immediately respond to a request for comment on the settlement.

The DOJ, in April 2012, filed an antitrust complaint accusing Apple and five book publishers of fixing the prices of e-books.

Before this settlement, Hagens Berman and the state attorneys general have agreed to $166 million in settlements on behalf of consumers from the five publishing companies.

Grant Gross covers technology and telecom policy in the U.S. government for The IDG News Service. Follow Grant on Twitter at GrantGross. Grant's email address is grant_gross@idg.com.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags U.S. Department of JusticeU.S. Court of Appeals of the Second CircuitInternet-based applications and servicesantitrustlegalCivil lawsuitsinternetU.S. District Court for the Southern District of New YorkHagens Berman Sobol ShapiroSteve BermanApple

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments