The settlement hinges on the success or failure of the company's appeal of a ruling that found it conspired with publishers to fix prices.
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Second phase of price-fixing case against Apple will determine how much the company owes for allegedly conspiring with publishers to eliminate price competition.
Apple would need to pay for an external monitor, sever deals with publishers, and let Amazon and Barnes & Noble link their iOS e-book apps to their respective online stores, among other proposed measures.
Judge rules that Apple orchestrated a conspiracy to cut out e-book competition and raise prices, handing the U.S. government a big win and smacking Apple with a verdict it said could put a chill on media deals.
In a pretrial hearing for the antitrust lawsuit, a judge says the Justice Department will be able to show direct evidence that Apple "facilitated a conspiracy to raise prices of e-books."
The publisher has agreed to terminate its pricing deal with Apple and refrain from making "most favored nation" pricing pacts for five years.
The e-commerce company has made the book publisher a public offer: accept $9.99 e-book prices, and Amazon won't ask for more of each sale.
As little as a penny nets you five solid reads. Anything over $12 adds some sci-fi legends to the mix, including Bear, Ellison, and Zahn.
Antitrust lawsuit accused Apple and five book publishers of conspiring to artificially hike prices. Now all but Apple and Macmillan have settled.
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