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Apple to pay $450M in e-book antitrust case

Jul 16, 2014, 1:51 PM EDT
Ken Ishii/Getty Images

A lawsuit brought against Apple by U.S. state entities and consumers claims that the company worked with several e-book publishers to fix prices. Out of its $450 million settlement, $400 million will go to consumers.

Background:

Apple agrees to conditional $450 mln e-books antitrust accord [Reuters]

Apple to Pay Up to $400 Million to Settle E-Books Suit [Wall Street Journal]