Supreme Court Denial Closes Apple's E-Book Case

The U.S. Supreme Court on Monday denied without comment Apple’s petition for a review of a lower court ruling that it engaged in price-fixing of e-books. The company must comply with a $450 million settlement it reached with 33 states and territories and a private class of e-book purchasers that, together with the U.S. Department of Justice, sued it over the issue. However, e-book purchasers who were overcharged won’t get their hands on any of the $450 million — most of them would be reimbursed through automatic credits at e-book retailers.

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