After Denied Appeal, Apple to Pay Consumers $400 Million in E-Book Price-Fixing Suit
The United States Supreme Court denied on Monday Apple’s appeal for the highest court in the land to hear its case in the antitrust lawsuit brought against the company for its role in an alleged e-book price-fixing scandal. That decision by the court will leave in place the June 2015 ruling by a New York-based 2nd U.S. Circuit Court of Appeals that found Apple liable for engaging in a conspiracy to fix e-book prices, which violates federal antitrust laws.
What the Supreme Court’s decision also does is keep Apple on the hook for the $400 million settlement it reached with e-book publishers. When combined with the settlements reached with the publishing companies involved in the case, the total amount rises to more than $560 million.
Hagens Berman litigated the case jointly with the U.S. Department of Justice and attorneys general from 33 states and territories.