Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if its appeal of a 2013 court ruling that found the company guilty of antitrust violations is dismissed, said class-action law firm Hagens Berman Sobol Shapiro, which is representing ebook customers in 19 states and four U.S. territories. If the U.S. Court of Appeals for the Second Circuit reverses and remands the case back to district court, the settlement agreement calls for Apple to pay consumers $50 million to settle their claims, the law firm said. The U.S. Department of Justice and several state attorneys general would be free to continue pressing their claims if that happens, the law firm said Wednesday.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2014-07-16 00:00:00 UTC ]
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By Tim Conneally, Betanews Wednesday, Web retailer Amazon launched its Kindle Singles line of literature designed specifically for consumption on e-readers. The works, priced between $1.00 and $3.00, include original works of prose, essays and theses, and the the first TEDBooks.Last October,... Continue reading at Betanews
[ Betanews | 2011-01-27 00:00:00 UTC ]
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The New York Times will roll out its much-anticipated digital subscription package, probably next month, according to a report by The Wall Street Journal. Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-24 00:00:00 UTC ]
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