“The retailer is notifying eligible customers by email. Compensation ranges from $0.30 to $1.32 per ebook from three publishers, Hachette, HarperCollins, and Simon & Schuster,” Ionescu reports. “The firms have agreed to pay some $69 million into a fund for the settlement. The refunds will be either in account credit or as a check if requested, and won’t arrive until February 2013, subject to court approval.”
Ionescu reports, “As part of the settlement, Barnes & Noble, Apple, Kobo, Sony, and Google are also required to issue similar refunds. In the case of B&N, Apple, and Kobo, the credit will be debited automatically; with Sony and Google, you will have to file a claim form before December 12, 2012 in order to receive a check. However, Penguin, Macmillan, and Apple have yet to agree to the settlement, pending further court hearings.”
Read more in the full article here.
MacDailyNews Take: The U.S. DOJ is clearly inept and Hachette, HarperCollins, and Simon & Schuster are spineless pawns.
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