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Apple agrees to pay $450 million in ebook price fixing case

Apple has agreed to pay $450 million to resolve US state and consumer claims that the iPad maker conspired with five major publishers to fix ebook prices, according to court records filed on Wednesday.The settlement, which would provide $400 million for consumers, is conditioned on the outcome of a pending appeal of a New York federal judge's ruling last year that Apple was liable for violating antitrust laws.

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