Update: A.G. Schneiderman Settles With Apple In E-book Price-fixing Case | Eric T. Schneiderman

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  • “Attorney General Eric T. Schneiderman today announced a settlement with Apple Inc. arising out of Apple’s participation in a price-fixing conspiracy that a federal court in New York found raised the prices of E-books sold to consumers in New York and throughout the country. The settlement agreement, which must be approved by the court, has the potential to result in payments to consumers of $400 million, and would resolve claims for consumer damages and civil penalties brought by New York and 32 other states and territories. “

    Former posts on the subject: 1, 2, 3.

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