Apple agrees to conditional $450 million e


Credit: Reuters/Yuya Shino


The Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in Tokyo June 26, 2014.


But the settlement, which would provide $400 million for consumers, is conditioned on the outcome of a pending appeal of a New York federal judge's ruling last year that Apple was liable for violating antitrust laws.


A ruling by the 2nd U.S. Circuit Court of Appeals in New York reversing the liability finding could under the settlement either reduce the amount Apple pays to $70 million, with $50 million for consumers, or eliminate payments altogether.


(Reporting by Nate Raymond, Alison Frankel and Jonathan Stempel in New York, Editing by Franklin Paul)


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