Supreme Court denies Apple appeal in e-books price fixing case
Apple will pay $450 million as a settlement for e-book price fixing after the U.S. Supreme Court declined to hear the company's appeal of a lower court's antitrust ruling.
The Supreme Court's decision Monday ends Apple's appeal of the antitrust case against the company and five book publishers and upholds a June 2015 antitrust ruling at the U.S. Court of Appeals for the Second Circuit.
Apple had agreed in 2014 to pay a $450 million settlement in the case, brought by the Department of Justice and 33 states and territories in 2012, if the company did not win its appeals. Late last year, the company asked the Supreme Court to take up the case.
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