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Apple to pay $450 million after Supreme Court declines to hear appeal in e-book case

[JURIST] The US Supreme Court [official website] on Monday declined [order, PDF] to review a lower court ruling finding Apple [corporate website] conspired with book publishers to increase e-book prices. Monday's order, issued without comment, means that Apple is now responsible for the $450 million settlement [JURIST report] it reached in 2014. Apple said that it is prepared to distribute the settlement funds [NYT report], $400 million of which will go to consumers and $50 million of which will go to lawyers involved in the case.

Apple reached the $450 million settlement shortly after a federal judge found [JURIST report] that the company violated the Sherman Antitrust Act [text] when it entered into deals with five major book publishers for the iBookstore. The US Court of Appeals for the Second Circuit upheld [opinion, PDF] that decision in June. In October Apple appealed that decision [JURIST report] to the Supreme Court. Throughout the entire legal process, Apple has claimed that it is innocent and committed no wrongdoing.

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Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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