Slashdot Mirror

← Back to Stories (view on slashdot.org)

Apple $450 Million e-Book Settlement Wins Court Approval

Posted by samzenpus on from the red-light-green-light dept.

An anonymous reader writes A week after Judge Denise Cote put forward concerns over a proposed settlement with consumers over e-book price-fixing in the iBookstore, she has given Apple preliminary approval for its $450 million settlement. "The proposed settlement agreement is within the range of those that may be approved as fair and reasonable, such that notice to the class is appropriate," Cote said. "Preliminary approval is granted." Cote set a final fairness hearing for Nov. 21.

2 of 93 comments (clear)

  1. Very disappointing. by jcr · · Score: 0, Troll

    The charges were bullshit from the get-go, and they were filed because Amazon pays a hell of a lot more bribe money in Washington than Apple ever will. Steve would have fought this to the supreme court.

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."
  2. Re:Read: tax deduction by Noah+Haders · · Score: 1, Troll

    just because some of the companies are trying to dump ebooks on the market to drive competitors out of business, doesn't mean a coalition of fair pricing is conspiring to fleece the consumer. what will suck for the consumer is when the competitors go out of business and a sole seller is left, who then squeezes all the money out of the book industry. the results? I hope everybody likes reading fan fic and cheap romance novels.