Apple May Refund $400M In Digital Book Settlement

Now watching

Next video starts in : 7 Play

Apple May Refund $400M In Digital Book Settlement

Apple May Refund $400M In Digital Book Settlement
Replay video
Up next

Burkina Faso Government Authorizes Exhumation of Sankara's Remains

Unlock your personal NFL Now stream by signing in to NFL.com

Apple May Refund $400M In Digital Book Settlement

by Wochit 0:49 mins

2,800 views

Apple May Refund $400M In Digital Book Settlement

by Wochit 0:49 mins

2,800 views

Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digital books unless the company gets a court to overturn a decision affirming its pivotal role in the collusion. The settlement bill emerged in a Wednesday court filing made a month after attorneys suing Apple notified U.S. District Judge Denise Cote in New York that an agreement had been reached to avoid a trial over the issue. Lawsuits filed on behalf of digital book buyers had originally been seeking damages of up to $840 million after Cote ruled in a separate trial last year that Apple Inc. had violated U.S. antitrust law by orchestrating a price-fixing scheme with five major publishers of electronic books.

Wochit

Community

  1. 2:56

    Community Season Six Trailer Premiere

  2. 3:05

    Community 501 - Season 5: Super Seniors

  3. 2:30

    Community 401 - Season 4: Senior Year

  4. 3:05

    Community 301 - Season 3: Junior Year

  5. 2:56

    Community 201 - Season 2: Sophomore Year

  6. 3:02

    Community 101 - Season 1: Freshman Year

Live Nation