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News Flash: Apple Agrees to Pay $450 Million in e-Book Settlement

10. News
Apple has agreed to pay $450 million to resolve U.S. state and consumer claims the iPad manufacturer conspired with five major publishers to fix e-book prices, according to court records filed Wednesday. Yet the settlement, which would provide $400 million for consumers, is conditioned on the outcome of a pending appeal of a New York federal judge's ruling last year that Apple was liable for violating antitrust laws. For more on this developing story, see Reuters report.


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