Bloomberg is reporting that The United States Supreme Court has declined to hear an appeal from Apple in regards to being found guilty of fixing e-Book prices in the US:
The justices turned away an appeal by Apple, leaving intact a federal appeals court ruling favoring the U.S. Justice Department and more than 30 states that sued.
The rebuff means Apple must comply with a settlement it reached with the states in 2014. The accord calls for Apple to pay $400 million to e-book consumers, $20 million to the states, and $30 million in legal fees.
So this appears to be over and you can close the book on this case. And as usual, the only winners appear to be the lawyers.
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This entry was posted on March 7, 2016 at 11:14 am and is filed under Commentary with tags Apple, Lawsuit. You can follow any responses to this entry through the RSS 2.0 feed.
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e-Book-Gate Appears To Be Over…. Apple To Pay Up
Bloomberg is reporting that The United States Supreme Court has declined to hear an appeal from Apple in regards to being found guilty of fixing e-Book prices in the US:
The justices turned away an appeal by Apple, leaving intact a federal appeals court ruling favoring the U.S. Justice Department and more than 30 states that sued.
The rebuff means Apple must comply with a settlement it reached with the states in 2014. The accord calls for Apple to pay $400 million to e-book consumers, $20 million to the states, and $30 million in legal fees.
So this appears to be over and you can close the book on this case. And as usual, the only winners appear to be the lawyers.
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This entry was posted on March 7, 2016 at 11:14 am and is filed under Commentary with tags Apple, Lawsuit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.