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Wednesday 22nd October

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Judge Takes Issue With Apple's $450m E-books Settlement Offer

Posted at 7:34AM Friday 25 Jul 2014

Skirting an upcoming trial, Apple agreed to pay $450 million last week to settle an antitrust lawsuit that alleged the company conspired with five book publishers to fix e-book prices. However, the judge ruling over the case is having concerns with the settlement proposal, according to Reuters.

US District Judge Denise Cote in New York said during a teleconference on Thursday that some of the terms within the settlement offer could end up meaning far less money being paid to consumers if the case is appealed, according to Reuters.

Cnet




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