In a hearing Friday morning Judge Denise Cote approved the settlement agreed upon between Apple, the plaintiff states, and the consumer class. As previously reported, the settlement hinges upon how the 2nd Circuit of Appeals will rule — whenever that happens — on Apple’s appeal of Judge Cote’s July 2013 verdict finding the company guilty of violating antitrust actions. Oral arguments for the appeal are set for December 15. If Apple’s appeal is denied, they will pay $450 million, including administrative and legal costs, to the states and consumer class. If Judge Cote’s ruling is sent back to her by […]
