Apple $450 Million E-Book Accord Wins Early Approval
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Apple Inc. won preliminary approval of a settlement in which it could pay $450 million to resolve claims by U.S. states and consumers that it led a conspiracy to fix prices on electronic books.
U.S. District Judge Denise Cote in Manhattan said today that there’s “probable cause to find that the proposed settlement agreement is within the range of those that may be approved as fair and reasonable.”