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

JoJo Reveals She's Pregnant...but It's Not What You Think!

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

Apple May Refund $400M In Digital Book Settlement

by Wochit 0:49 mins

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

Must Watch

  1. 3:08

  2. 2:02

    Bank Robber Caught While Filming Movie

  3. 1:49

    ‘Key & Peele’ Present A World Where Teachers Are Valued Like Athletes

  4. 1:12

    Local News Reporter Hilariously Startled By Video Bomber

  5. 1:30

    Celebrate Good Times: 'Happy Birthday' Song Might Belong to All Of Us

  6. 1:57

    Drunk Ron Weasley 'Celebrates' Harry Potter's Birthday

Must Watch

  1. 3:08

  2. 2:02

    Bank Robber Caught While Filming Movie

  3. 1:49

    ‘Key & Peele’ Present A World Where Teachers Are Valued Like Athletes

  4. 1:12

    Local News Reporter Hilariously Startled By Video Bomber

  5. 1:30

    Celebrate Good Times: 'Happy Birthday' Song Might Belong to All Of Us

  6. 1:57

    Drunk Ron Weasley 'Celebrates' Harry Potter's Birthday

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless