Apple to pay $450m settlement over US ebook price fixing

The US supreme court has decided not to hear Apple's appeal against a 2015 ruling that it violated price-fixing laws by conspiring with five publishers

The US supreme court on Monday declined to hear Apple's challenge to an appellate court decision that it conspired with five publishers to increase ebook prices, meaning it will have to pay $450m as part of a settlement.

The court's decision not to hear the case leaves in place a June 2015 ruling by the New York-based second US circuit court of appeals that favored the US Department of Justice and found Apple liable for engaging in a conspiracy that violated federal antitrust laws.