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Apple Could Pay Consumers $400 Million—or Nothing

Posted at 8:51PM Wednesday 16 Jul 2014

Under a proposed agreement to settle damages in its e-book price-fixing case, Apple could pay consumers as much as $400 million—or, potentially, nothing. After announcing the deal last month, the final details of Apple's proposed settlement with the states and the consumer class were filed today with Judge Denise Cote in New York, and as reported, any consumer payments will be contingent upon the Second Circuit's review of Cote's 2013 verdict against Apple.



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