Apple Settles E-Books Pricing Case With States, Consumers

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The trial set for July involved cases related to a ruling in 2013 that company had orchestrated an illegal scheme with publishers to raise e-book prices. A federal judge in Manhattan ordered Apple and its adversaries to submit a filing seeking approval of their accord within one month.

Details of the agreement weren’t disclosed.

The US government sued Apple and five of the biggest publishers in April 2012, claiming the maker of the iPad pushed them to sign agreements letting it sell digital copies of their books under a pricing model that made most e-books more expensive. Under the contracts, the publishers set book prices, with Apple getting 30 percent.

Apple and the publishers used the contracts to force Amazon.com, the No. 1 e-book seller, to change its pricing model, the government claimed. At the time, Amazon was selling electronic versions of best-selling books for $9.99, which was often below cost.

US District Judge Denise Cote ruled against Apple after a non-jury trial. Steve Berman, a lawyer representing the plaintiffs, said that all the US attorneys general and consumers settled the case. Berman said he filed a memorandum of understanding with the court under seal, which prevents him from describing the agreement.


Apple Settles E-Books Pricing Case With States, Consumers Reports: Apple settlement in e-book lawsuit (USAToday) Apple settles $840 million ebooks price-fixing claim (The Verge) Apple admits it will lose e-books conspiracy case, but it still wants to win (ars technica) Apple reaches settlement on e-book price-fixing (CNNMoney) Apple Settles E-Book Pricing Antitrust Suit (Revere Digital) Settlement reached with states in Apple e-book price-fixing case (Los Angeles Times) Apple settles ebook case, agrees to pay consumers over price-fixing (GigaOm)