A U.S. district judge approved Apple's agreement to pay $450 million for its part in a conspiracy to boost e-book prices, according to reports.
U.S. District Judge Denise Cote OK'ed the settlement which will have Apple pay $400 million to "as many as 23 million consumers," provided Apple can't win an appeal, according to Reuters. Previously, the five publishers also had a $166 million settlement.
Apple agree to settle in June when it looked like the tech company could be on the hook for $840 million. The settlement also allows Apple to appeal Cote's 2013 ruling that it violated antitrust laws and colluded to raise e-book prices. If Apple appeals and wins, it owes nothing.
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If the appeals court overturns Cote and returns the case to her, perhaps for a new trial, Apple would owe $50 million to consumers and $20 million to lawyers.