Originally published: August 1, 2014
Last updated: August 1, 2014 - 9:23pm
Apple won preliminary court approval for its $450 million settlement of claims it harmed consumers by conspiring with five publishers to raise e-book prices.
In approving the accord, US District Judge Denise Cote in Manhattan overcame concerns she had expressed over a settlement provision allowing Apple to pay just $70 million if related litigation were to drag out.
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