Apple gets smacked by $450-million e-book price-fixing fine

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The Supreme Court of the United States has declined to hear Apple's appeal of a lower court decision that it conspired with five publishers to increase e-book prices. Apple must now pay $450 million as part of its anti-trust e-book settlement. Amazon, however, is probably grinning like the Cheshire Cat.
http://www.zdnet.com/article/apple-gets-smacked-by-450-million-e-book-price-fixing-fine/

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