2nd Circuit Affirms $450 Million Settlement In Apple E-Book Antitrust Suit

Mealey's (February 19, 2016, 8:15 AM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Feb. 17 affirmed a $450 million settlement in an antitrust class action over price fixing of electronic books (e-books) by Apple Inc., overruling a lone objector’s arguments and noting a prior ruling that affirmed Apple’s liability in the suit (In Re: Electronic Books Antitrust Litigation, No.14-4649 and 14-4710, 2nd Cir.; 2016 U.S. App. LEXIS 2642).

(Summary order available. Document #24-160317-001R.)

Antitrust Allegations

Thirty-three states and a certified class of consumers sued Apple and five...
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