Apple breathe: Save $ 840 million, Apple, eBook-IT news Apple breathe: Save $ 840 million

According to foreign media reports, a New York Court documents show that Apple eBook pricing class action lawsuit has been settled with the plaintiff, but first off phase terms are confidential, and you can be sure it will save a lot of money for Apple.

Reports that United States State prosecutors and the lawyer for consumer shidifu·Boman (Steve Berman) in a United States District Judge dannisi·Kete (Denise Cote) said in the letter, that Apple has reached a settlement with the plaintiffs. Current specific terms of the settlement were confidential and require court approval.

It is understood that in 2012, the United States Justice Department against Apple and five major publishing companies, accuse each other of collusion to manipulate prices, brought losses to consumers. Zhihou, in connection with the Publisher agreed to pay $ 166 million settlement of antitrust charges. So Apple is the only remaining defendant.

Last July, Kurt had ruled that the Apple conspiracy to drive up retail prices for e-books with book publishers. Subsequently, the United States over State prosecutors and consumers launched a class action lawsuit against Apple, claims US $ 840 million. Reason is Apple up e-book pricing to consumers, a loss of 280 million dollars, thus requiring compensation for 3 times.

Then last September, Kurt signed the ban, designed to stop Apple from complicity with book publishers improve eBook retail prices again in the future. Under the ban, Apple over five years with the United States five major publishers signed new distribution agreements. Also called Apple to hire external observers responsible for monitoring Apple's antitrust policy, for a period of two years.

Related: eBook triggered massacre: claims Apple from the $ 840 million