The Apple Case: Unhappy Judge

Reuters reports that the judge in the Apple price-fixing case is not satisfied with the terms.

If Apple loses its appeal, it would pay $400 million to consumers and $50 million to the states and plaintiffs' lawyers. In contrast, if Apple's appeal is successful but the 2nd Circuit returns the case to Cote for further proceedings or a new trial, the company would pay just $70 million, with $50 million for consumers. If the 2nd Circuit reversed Cote outright and ended the case, Apple would pay nothing.

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