As expected, on Wednesday the full details of the proposed settlement agreement in Apple’s ebook pricing litigation were filed with Judge Denise Cote. (Previously, the terms of the agreement had not been announced.) In a “pragmatic settlement,” the parties agreed to three possible outcomes, which could have Apple paying as much as $450 million. But no payments will be made any time soon, since it hinges on “resolution of Apple’s appeal,” which could be a long time away depending upon how far they are able to pursue it. If Apple ultimately loses their current appeal, they will pay $400 million in […]
