Apple settles $840 million ebook price-fixing lawsuit

[Himanshu Arora]

Apple yesterday reached an out of court settlement with consumers and US states in an ebook price-fixing class action lawsuit. US District Judge in Manhattan Denise Cote asked the parties involved to submit a filing seeking approval of their settlement...

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[Satish Mallya]

"iTunes store credit"
I call shenanigans. This **** needs to stop.
Store credit in this case costs (next to) nothing to Apple, or at least a deep discount - whereas they ripped people off for real money.
This sort of settlement needs to be cash-or-cheque only.

 

[Guest]

Communist much? They cant't set their prices? Sue Mcdonalds cause they won't sell you a cheaper big Mac.

 

[lipe123]

Communist much? They cant't set their prices? Sue Mcdonalds cause they won't sell you a cheaper big Mac.

Did you even read the article? They forced other publishers to artificially raise their prices.

..."In 2013, a federal court ruled in favor of plaintiffs after it found that Apple had in fact colluded with publishers."...

Must be an apple fanboy for sure.

 

[Satish Mallya]

Communist much? They cant't set their prices? Sue Mcdonalds cause they won't sell you a cheaper big Mac.

They can set their prices as they damn well please. It's when they start collaborating with others to raise prices that it becomes illegal