Today in Apple history: Apple pays $450 million to settle e-books suit

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Apple was accused of trying to hurt rival e-book sellers.
Photo: Apple

July 16: Today in Apple history: Apple settles e-books lawsuit for $450 million July 16, 2014: Apple agrees to pay $450 million to resolve the Department of Justice’s antitrust case against the company over e-book pricing in the iBooks Store.

Cupertino was accused of conspiring with five major book publishers to fix e-book prices. The five publishers all settled their claims outside of court, leaving only Apple to go to trial.

Today in Apple history: Eddy Cue takes the stand to defend iBooks pricing

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Eddy Cue defended Apple's e-book pricing in a 2013 antitrust trial targeting the iBooks Store.
Photo: Apple

June 13: Today in Apple history: Eddy Cue takes the stand to defend iBooks pricing June 13, 2013: Eddy Cue takes the witness stand to defend Cupertino’s business strategy in the Department of Justice’s antitrust case against Apple regarding e-book pricing in the iBooks Store.

Cue, Apple’s senior vice president of internet software and services, is the Apple exec in charge of the iBooks initiative. His testimony proves vital to a case in which potential damages climb well into the nine figures.