In a 2-1 ruling yesterday, the Second U.S. Circuit Court of Appeals in Manhattan upheld a 2013 decision finding Apple Inc. liable for conspiring with publishers to raise the price of e-books. The Wall Street Journal reported that the decision "follows three years of litigation, millions of dollars in legal fees and a bold decision by Apple to challenge the U.S. Department of Justice to a trial, even after all the publishers with which it was accused of colluding had settled their cases."
Apple will pay $450 million, "most of it to e-book consumers, as part of an agreement last November with private plaintiffs and 33 states that joined the Justice Department's 2012 lawsuit accusing Apple of violating civil antitrust law," the Journal wrote.
