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.

Secure remote control for conventional and virtual desktops

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.