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Apple $450 million e-book settlement gets final court approval

“A U.S. judge on Friday gave final approval to Apple Inc’s agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices,” Nate Raymond reports for Reuters.

“During a hearing in Manhattan, U.S. District Judge Denise Cote approved what she called an ‘unusual’ accord,” Raymond reports. “It calls for Apple to pay $400 million to as many as 23 million consumers if the company’s appeal of a ruling finding it liable for antitrust violations is unsuccessful.”

Full article here.

MacDailyNews Take: Puppet of a deranged DOJ:

Lady Elaine Fairchilde (left), Judge Denise Cote (right), or vice versa

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