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Apple has settled with consumers and states in a lawsuit over the price fixing of e-books, but the details of the settlement are as yet undisclosed. Apple asked publishers to raise prices and force Amazon to do the same, in order to beat Jeff Bezo’s $9.99 stranglehold on the e-book giant. In short, Apple was sued for conspiring with publishers to get out of a nasty relationship with Amazon, and lost.

“Apple Settles With Consumers, States, Over Pricing” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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