Apple To Pay $450 Million In Settlement For Price Fixing E-Books
A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing e-book prices with publishers.
Apple's last-ditch attempt to avoid paying $450 million to e-book buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in Manhattan voted 2-1 on Tuesday not to overturn a July 2013 ruling that found Apple had fixed e-book prices in collusion with five major publishing houses.
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