Monday, February 3, 2014

Apple hit with $840 million damages claim over E-Books price fixing

Apple has been charged with a new damages claim of $840 million for conspiring to fix E-Book prices with publishers, leading to higher prices across the industry.
 

The claim was filed this Friday and is claiming Apple owes American E-Book customers a minimum of $280 million in damages. Steve Berman, an attorney representing consumers and 33 states, argues that E-Books prices rose 18.1%, equaling about $280 million in damages.


More at iHash.eu

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