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Amazon Customers: Get Your e-Book Credit

Posted at 2:08 PM, Mar 25, 2014
and last updated 2014-03-25 14:08:01-04
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Photo courtesy Wikimedia Commons

NEW YORK (CNNMoney March 25,2014) Many Amazon.com 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. Related: Google Glass gets a makeover Schneiderman said the settlement is with Simon & Schuster Inc. of CBS (CBS, Fortune 500), HarperCollins Publishers LLC of News Corp. (NWS), Hachette Book Group, Macmillan and Penguin Group of Pearson (PSO). The settlement applies to consumers who bought the e-books through retailers Amazon(AMZN, Fortune 500) and Kobo with devices made by Amazon, Apple  and Sony .

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