Apple forced to pay $450 million after Supreme Court rejects e-book appeal


Apple's eBook appeal is just getting started. Photo: Apple
Apple's e-book legal battle is finally over.
Photo: Apple

Apple’s nearly three year legal battle over charges that it conspired with publishers to raise the price of e-books is finally coming to end.

This morning the U.S. Supreme Court declined to hear Apple’s appeal, which leaves the 2nd U.S. Circuit Court of Appeals ruling in place. Apple will finally have to pay $450 million as part of the settlement.

The U.S. Department of Justice and Apple agreed to the $450 million settlement back in 2014 on the condition that the company wouldn’t be forced to pay until the appeals process had concluded.

Apple was accused of conspiring with five publishers — Hachette, Harper Collins, Penguin, Simon & Schuster, and Macmillan — of increasing e-book prices from Amazon’s standard $9.99 price up to $12.99 or $14.99 on titles. All of the publishers already paid $166 million to settle.

In its Supreme Court appeal, Apple argued that the lower court’s decision would “chill innovation and risk-taking” and contradicted the court’s precedent. The company maintained its innocence throughout the legal process saying its new pricing model actually brought overall prices down and increased competition with Amazon.

Via: Bloomberg

2 responses to “Apple forced to pay $450 million after Supreme Court rejects e-book appeal”

  1. Nicnacnic says:

    Guess this sets precedent for how the supreme court will treat the more important battle Apple has upcoming…

    • itfa says:

      How do you even figure that? Apple got caught conspiring to screw consumers out of their money by artificially raising the price of a product and is now getting slapped because of it. Not even remotely close to being the same thing.