Amazon E-Book Settlement

Many customers awoke to some good news in their e-mail box Tuesday: a partial credit for e-books they bought. Consumers nationwide who bought e-books through Amazon and other online retailers will get credited a total of $166 million stemming from price-fixing settlements with five publishers, according to the New York State attorney general. “Illegal actions by these publishers forced consumers in New York and across the nation to pay artificially inflated prices for e-books,” said Attorney General Eric Schneiderman, in a statement. Schneiderman said the settlements being paid by the publishers apply to consumers in 33 states, with $11.5 million going to customers in New York. Schneiderman said the settlement is with Simon & Schuster Inc. of CBS, HarperCollins, Hachette Book Group, Macmillan and Penguin Group of Pearson.

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"Check Your Inbox: Amazon Sends Out E-Book Credit Following Settlement" by @ShellyPalmer

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