Apple Antitrust Violation Could Mean Payment for Some Delaware E - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Apple Antitrust Violation Could Mean Payment for Some Delaware E-Book Customers

Updated:

WILMINGTON, Del. – Delaware Attorney General Beau Biden says the U.S. District Court for the Southern District of New York must approve a proposed settlement with Apple Inc. in order for consumers to receive damages, after reports that the company broke antitrust laws in Delaware and 32 other states.

Claims suggest that Apple set a deal with Penguin Group, Inc., Holtzbrinck Publishers LLC, Hachette Book Group Inc., HarperCollins Publishers LLC, and Simon & Schuster Inc. to raise the prices of electronic books, according to officials.

If the District Court approves the settlement and finds Apple guilty, impacted customers could receive $400 million on top of the $540,000 in compensation the five publishers paid, officials say.

If the claim is upheld, affected customers will receive twice the amount in damages, according to Biden. If not, Apple could pay little to no money.

Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices