Civic News
Legal

Marylanders get $9M bite of Apple’s ebook settlement

Apple has to pay a total of $400 million for price-fixing.

An ebook in the stacks. (Photo via Wikimedia Commons user Maximilian Schönherr)

Apple is set to start paying out for price-fixing ebooks.
The Silicon Valley tech giant must pay a total of $400 million as part of a settlement it reached in 2014. Apple and five publishers were charged with artificially raising ebook prices. The U.S. Supreme Court declined to take the case earlier this year, triggering the payout.
According to Maryland Attorney General Brian Frosh’s office, Marylanders who bought ebooks between April 2010 and May 2012, will get about $9 million of that money, which is also being split among 32 other states.
Settlement information
The bulk of the money is being doled out in credits that are good for a year. Anyone who bought a New York Times Best Seller will get $6.93, while other books are good for a $1.57 credit.
States including Maryland settled with the other publishers for $166 million.

Companies: Apple

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Here’s how the global tech outage impacted many of the vital systems across the mid-Atlantic region

This suburban Baltimore tech company played a key role in Apple TV+’s ‘Lady in the Lake’

Ready to start marketing your startup? 3 crucial questions all founders should ask

From Big Tech to a big bank, this leader puts innovation at the forefront of her entire career

Technically Media