If you purchased an e-book between April 1, 2010 and May 21, 2012, you may have some money coming your way.
On Tuesday, Texas Attorney General Greg Abbott announced that Texas, along with 32 other states and territories, reached a settlement with five of the nation's largest e-book publishers. The states alleged that the major publishing houses were conspiring with Apple to inflate e-book prices.
The five publishers settled the states' claims for a total nationwide payment of $166 million. Nearly $12.7 million will be distributed to Texas e-book buyers. Texas accounts for nearly 8% of e-book purchases nationwide.
Anyone who bought an e-book between April 1, 2010 and May 2012, 2012 will receive a credit or check from the publisher. The amount of the check depends on the number of e-books the customer purchased during that period.
Publishers participating in the settlement include:
Hachette Book Group Inc.
HarperCollins Publishers LLC
Simon & Schuster Inc.
Holtzbrinck Publishers, LLC. d/b/a Macmillan
Penguin Group (USA) Inc.
If you think you are due a refund, you should watch your email for information from the e-book retailer. For more information, visit www.ebookagsettlements.com.
Whether a customer receives a credit or check depends on which retailer the e-book was published from.
There is still an antitrust suit pending against Apple on the same allegations. Apple decline to settle the states' allegations against it, so a U.S. District Court in New York conducted a three-week trial in June 2013. A judge found that Apple "played a central role in facilitating and executing" a conspiracy to eliminate retail price competition in order to raise e-book prices. This violates federal and state antitrust law.
A second trial on damages will take place later this year. Depending on the result of that trial, additional credits or checks could be sent to Texas e-book customers in the future.
Saturday, July 26 2014 2:09 PM EDT2014-07-26 18:09:07 GMT
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