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Apple Loses Ebook Price Fixing Case, Must Pay $450 Million to Consumers Apple was just dealt a major blow by the 2nd Circuit Court of Appeals. It lost its appeal of Judge Denise Cote's ruling that it violated antitrust laws by conspiring with major book publishers to fix the price of ebooks. Under the settlement with the Department of Justice, Apple agreed to pay consumers $450 million if it lost the case on appeal. Read more...

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