Amazon Customers Wake Up to Unexpected Cash

 By 
Jason Abbruzzese
 on 
Amazon Customers Wake Up to Unexpected Cash
Amazon customers have awoken to find a credit in their accounts thanks to a settlement with some of the largest U.S. publishers. Jeff Bezos, Chairman and CEO of Amazon.com, introduces the Kindle Fire at a news conference, Wednesday, Sept. 28, 2011 in New York. Credit: Mark Lennihan

Amazon customers had a pleasant surprise in their email inbox this morning: credits from a settlement between some of the largest U.S. book publishers and a coalition of state attorneys general.

People who purchased ebooks between April 1, 2010 and May 21, 2012 are entitled to a credit of $3.17 per New York Times bestseller and $0.73 for other books.

[seealso slug=http://sale-online.click/2014/01/21/amazon-anticipatory-shipping-patent/%5D%3C/p%3E%3Cp%3EThe case claimed that five major publishers -- Hachette, HarperCollins, Simon & Schuster, Macmillan and Penguin -- and Apple colluded to artificially inflate the price of ebooks. Only the publishers have agreed to a settlement, while Apple continues to fight the case.

Apple recently appealed a judge's ruling that found the company had violated antitrust laws in this matter.

As people opened their emails, they also took to Twitter to discuss their settlements.

$39.21 Amazon credit for the state attorneys general book pricing settlement in the US. Mixed feelings.

— John Gapper (@johngapper) March 25, 2014

$34.35 in Kindle credits. Thanks, State Attorneys General and Class Plaintiffs!

— Matt Yglesias (@mattyglesias) March 25, 2014

I don't feel I deserve my Amazon $47.49 book credit from the eBook antitrust settlement.

— tylercowen (@tylercowen) March 25, 2014

$5.84 #tweetyourAmazonbookcredit

— Scott Johnson (@irregulara) March 25, 2014

 

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