Apple will pay up to $400 million to compensate consumers for illegal price-fixing conspiracy for electronic books, officials said Wednesday. The settlement would reimburse consumers in 33 states whose authorities sought damages for Apples price-fixing, according to a statement from New Yorks attorney general. Apple is appealing the ruling by a federal judge last year. […]

Apple, which was accused of conspiring with five publishing houses to fix prices for electronic books, has agreed to pay $450 million to settle claims made by consumers and states.  The settlement provides $400 million to consumers. The appeal is pending with a New York federal court in regards to a ruling last year when […]