Reginal Thomas
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Apple Settles Out Of Court Over E-Book Price Fixing Lawsuit

Apple has come to an out of court settlement with plaintiffs who accused the tech company of price fixing on e-books. Apple and the plaintiffs reached an agreement in principal but it still needs to be approved by the US District Court in New York. Originally the plaintiffs were suing for $840 million in damages from Apple, charing that it was overcharging customers on e-books making over $280 million.