Apple’s agreed-upon settlement has just been made public. Unlike the $840 million that the plaintiffs’ attorney Steve Barman was hoping for, the iPad maker agreed to pay out $450 million to consumers. This resolution comes with a condition. Apple gets to wait for the ruling of the appeal before dishing out the dough.
According to Reuters, Apple agreed to pay $450 million in damages in connection with the 2013 antitrust lawsuit the Department of Justice brought against the company regarding price fixing of e-books.