Apple’s fine in price-fixing suit could approach $1 billion

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Chris Smith

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dfd836906470785db86d0928cbea78ee.jpgApple faces a fine of up to $840 million in “state and consumer antitrust claims” in its eBook price-fixing suit in the U.S., Bloomberg reports. State attorneys general and consumers who sued the company over its eBook pricing practices want at least $280 million in damages and are seeking to have the amount tripled, according to a document filed on Friday with U.S. District Judge Denise Cote in Manhattan, the same judge who presided over the case last year.

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