Amazon offers ebook refunds in price-fixing settlement

“Amazon will offer partial refunds to customers who bought ebooks between April 2010 and May 2012 a result of the settlement in a price-fixing case between publishers and the attorneys general of most U.S. states,” Daniel Ionescu reports for PC World.

“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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  1. I support higher Ebook prices.
    They make almost no money as it is and $13 isn’t that much to pay for a digital book. Amazon is destroying the whole business for these companies just to sell prime to users or make even less money than they already does of what ever it is they do over there…

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