Apple to Pay $450M in E-Book Case

By Dianna Dilworth 

Apple will pay consumers $450 million as part of its settlement with the U.S. Justice Department, a federal appeals court has ruled.

The ruling, which was filed last week, comes after a settlement between Apple and the DOJ last summer. Reuters has the scoop:

By a 2-1 vote, the 2nd U.S. Circuit Court of Appeals agreed that the conspiracy violated federal antitrust law, and that the judge acted properly two years ago in imposing an injunction to prevent a recurrence.

“While we want to put this behind us, the case is about principles and values,” Apple said in a statement. “We know we did nothing wrong back in 2010 and are assessing next steps.”