Apple has managed to make settlement with approximately 33 U.S states and regions. They agreed to pay up to 400$ million to customers who bought their e-books. Apple has to face all this because it has violated some anti-trust rules, which compelled the consumers to buy their e-book readers for a higher price.
The final decision was that Apple has to pay back 7 percent to the reader who paid double price for those e-books, that 7% costs 400 million dollar. In order to avoid the ruling Apple was willing to make a settlement with New York State.
Therefore, Apple made a plea in October 2013 anti-trust trial and because of that appeal case will revised or you can say re-opened. In that case, Apple has a chance to win it which will lesser the burden of amount a lot and it will be cut down to $50 million dollar. A number of publishers did not even take the trouble to go to the court and made a deal independently.
It is said that only the expenses of those five companies went up to $166 million up till now. Schneiderman issued a press release which states that this is a best instance to show that even the world’s largest companies are not devoid of laws. On the other hand, Apple argued that he has nothing to do with this conspiracy and still believe that they never done anything against the laws.