The U.S. Supreme court refused to hear an appeal on Apple’s defeat in its ebook price-fixing case, Bloomberg reports:
The rebuff means Apple must comply with a settlement it reached with the states in 2014. The accord calls for Apple to pay $400 million to e-book consumers, $20 million to the states, and $30 million in legal fees.
It’s a strange case. I believe, based on my layman’s understanding of the case, that Apple and the publishers really did violate the law. The oddity is that the collusion seems to have been an attempt to create more competition in a market previously dominated by Amazon.