Feeds

Apple settles ebook price-fixing damages lawsuit with US states

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

Secure remote control for conventional and virtual desktops

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.

Choosing a cloud hosting partner with confidence

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.