Possible settlement could bring $1.7 million to W.Va. consumers
A $400 million e-book settlement between Apple, Inc., and 33 states and territories, including West Virginia, could lead to residents receiving up to $1.7 million, Attorney General Patrick Morrisey announced Thursday.
A press release issued by Morrisey’s office said the U.S. District Court for the Southern District of New York hasn’t yet approved the settlement, but the settlement could conclude a “price-fixing lawsuit” against Apple.
How much consumers receive depends on the outcome of Apple’s appeal of a 2013 District Court ruling that found the company “violated antitrust laws by conspiring with five publishers to artificially raise prices for e-books between 2010 and 2012. The appeal is before the U.S. 2nd Circuit Court of Appeals.
— Staff reports