More details are now public about the deal Apple reached in June to settle claims that it engaged in price-fixing in the e-book market. That settlement was approved by a federal judge on Friday. It’s an unusual one, in which Apple essentially bets the outcome in its class-action lawsuit on the outcome of another case.
In 2011, Apple got sued in a class-action case, where a class of e-book buying consumers was ultimately joined by attorneys general of various states. The Department of Justice also came after Apple for price-fixing, and the government won that case in 2013.
Apple has appealed its loss to DOJ. In the class-action, Apple and plaintiffs’ lawyers have agreed that the outcome of that case should rest on how the appeal turns out.
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