Apple to begin paying out $400M to customers tomorrow in ebook price-fixing settlement

Three years ago, Apple was found guilty of anticompetitive behavior centered around ebook pricing and price-fixing. The case was in limbo for years as Apple appealed and tried to fight the ruling, but earlier this year the Supreme Court declined to hear the company’s appeal, putting Apple on the hook for $450 million. Law firm Hagens Berman today issued a press release revealing that payouts will begin being sent to affected customers tomorrow, June 21st.

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Filed under: iOS Devices Tagged: ebook, ebook trial, iBook
Source: 9to5 Mac