The beginning of Amazon’s e-mail to customers notifying them of credits from the publishers who settled their pricing conspiracy cases with the Department of Justice.
As of Tuesday morning, Amazon has begun issuing account credits to Kindle book buyers as a result of legal settlements with book publishers including Harper Collins and Simon & Schuster, which allegedly conspired with Apple to fix e-book prices in 2012.
Amazon is not disclosing the formula for calculating the credits, but it says that the settlements address “qualifying Kindle books purchased between April 1, 2010 and May 21, 2012.” This reporter was given a tidy sum of $12.18 in her inbox, while Senior Business Editor Cyrus Farivar received $22.42 and Deputy Editor Nate Anderson picked up 73 cents.
According to the office of New York Attorney General Eric Schneiderman, the settlements with the five publishers accused of price fixing—Hachette, HarperCollins, Simon & Schuster, Macmillan, and Penguin—total $166 million nationwide. Customers who bought e-books from Barnes and Noble, Kobo, and Apple will also be receiving account credits, whereas those who bought e-books from Sony will receive checks in the mail.
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