Apple Agrees to Pay Up to $450 Million in E-Book Deal
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Apple Inc. agreed to pay as much as $450 million to settle allegations by U.S. states and consumers that it helped fix prices of electronic books, according to a court filing.
The Cupertino, California-based technology company was set to face trial this month in Manhattan federal court on claims brought on behalf of more than 30 states and U.S. territories as well as consumers, in which it faced as much as $840 million in damages.