Tennessee AG: Consumers to get credits, checks for e-books

Tennessee AG: Consumers to get credits, checks for e-books
Tennessee AG: Consumers to get credits, checks for e-books

22 June, 2016

Customers who purchased eligible e-books through Google will receive a check if they filed a claim by the deadline.

Consumers in CT will begin receiving account credits or checks on Tuesday, June 21, through the settlement of the eBook price-fixing lawsuit against Apple, Inc. brought by Attorney General George Jepsen and 32 other states in 2012. "For all other E-books, the payment will be $1.57", a spokesman for Virginia Attorney General Mark Herring said.

The windfall for customers follows the end to the e-book price fixing ruling, "one of the most contentious legal dramas in modern publishing history", after the Supreme Court in America refused to take up Apple's appeal in March this year. You previously received an email informing you that you were eligible for this credit.

Thirty-three states investigated and prosecuted Apple for its part in artificially inflating the price of E-books. If an e-book was a New York Times bestseller, consumers will receive $6.93. Apple is obligated to pay $400 million to consumers nationwide as a result of the case. Customers who receive account credits should expect to see an email between June 21 and June 24 to let them know their account has been credited.

The US government first brought a lawsuit over the company's "agency model" e-book price structure. On March 7, 2016 the United States Supreme Court denied Apple's petition, signaling an end to the lawsuit and a victory for MI consumers.

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MI consumers will receive an account credit or check based on the number of eligible E-books purchased consumer during the claims period - April 1, 2010 to May 21, 2012. (NASDAQ:AAPL) to provide $400 million in compensation to consumers for overpayment on e-books. "If you are eligible, we have already calculated your credit for you and added it to your Amazon account", according to Amazon's webpage explaining the settlement.

Customers who purchased e-books from Hachette. "Now consumers will receive credits they are due". That credit is good until June 24, 2017 and can be used towards other Amazon Kindle books.

The collusion caused the cost of ebooks to rise as much as 50 percent to $14.99, compared with Amazon's price of $9.99, Hagens Berman said.

Payments are being handled by a settlement administrator.

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