Feeds

Apple settles ebook price-fixing damages lawsuit with US states

Won't write cheques until the appeal's done, though

The smart choice: opportunity from uncertainty

Apple has settled out of court with the 33 US states and territories that had been seeking up to $840m in damages for its ebook price-fixing shenanigans.

The fruity firm, which was found guilty of engaging in the price-fixing conspiracy with five major book publishers in a separate trial, has always maintained its innocence and fought hard against the allegations.

Even after Penguin, HarperCollins, Macmillan, Simon & Schuster and Hachette settled the earlier case with the US Department of Justice, Apple fought on and is still in the process of appealing the guilty verdict.

Apple also tried to get the damages case dismissed, or at least delayed until after its appeals were heard, but the courts said last month that the trial to decide on the size of the payouts to the US states should go ahead.

However, the company caved to the class action lawsuit today, avoiding the trial that could have seen it landed with an $840m bill if the full awarded damages were tripled.

The terms of the settlement, which still has to be approved by the court, have not been revealed.

The five publishers previously agreed to settlements worth around $167m, after US state attorneys general filed lawsuits on behalf of their local ebook consumers.

Although Apple has negotiated a settlement on the terms of the damages, it hasn’t written the cheques yet. The firm’s lawyer told Judge Denise Cote that any money in the agreement would only be handed over if Apple loses its appeal against the guilty decision.

The judge has ordered the parties to get their filings in for court approval for the settlement within 30 days.

Designing a Defense for Mobile Applications

More from The Register

next story
ONE EMAIL costs mining company $300 MEEELION
Environmental activist walks free after hoax sent share price over a cliff
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Arrr: Freetard-bothering Digital Economy Act tied up, thrown in the hold
Ministry of Fun confirms: Yes, we're busy doing nothing
Help yourself to anyone's photos FOR FREE, suggests UK.gov
Copyright law reforms will keep m'learned friends busy
Putin: Crack Tor for me and I'll make you a MILLIONAIRE
Russian Interior Ministry offers big pile o' roubles for busting pro-privacy browser
Apple smacked with privacy sueball over Location Services
Class action launched on behalf of 100 million iPhone owners
UK.gov's Open Source switch WON'T get rid of Microsoft, y'know
What do you mean, we've ditched Redmond in favour of IBM?!
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.