Apple e-book lawsuit may settle for 335 million euros




Apple e-book publishers received in the lawsuit concerning prohibited price fixing permission from the court to settle the case. Under the proposal, Apple $ 450 million, will be converted 335 million, pay, though the company does appeal.

The American court in New York has given preliminary approval to Apple to pay to consumers who have become the victims of higher e-book prices and $ 50 million to lawyers, from $ 400 million as reported Reuters. However, the matter does not end there: Apple has already announced that it will be appealed and a clause in the settlement proposal ensures that when Apple’s appeal is not found guilty, it is only 50 million dollars, converted 37 million , need to be paid to consumers.

According to the judge, this clause indeed worrying, but is unlikely to appeal the judgment is reversed or that the lawsuit should be performed again. As a result, the court nevertheless agreed to the settlement proposal from Apple, according to the judge. Apple announced to want to cash out. earlier to 335 million euros in damages

The lawsuit against Apple and several major book publishers drags for some time. Several large publishers who were accused of price fixing have reached a settlement. There was a settlement proposal in the European Union affected by the publishers and Apple.


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