You may have an Amazon refund!


If you like to read books on an e-reader, your E-book account may have gotten a credit today.  It's part of a multi-state settlement that arose from a lawsuit against five major E-book publishers as well as Apple.  New York and 32 other states sued claiming the companies conspired to restrict price competition causing consumers to pay artificially-inflated prices. 

Those who bought E-books from Amazon, Barnes & Noble and Kobo will receive automatic credits on their E-book accounts.  Readers who bought E-books from Sony will get refund checks.  How much of a refund should you expect? Anyone who bought an ebook from HarperCollins, Simon & Schuster, Hachette, Penguin, or Macmillan between April 2010 and May 2012 that made it onto the New York Times bestsellers list got a $3.17 refund. Non-bestsellers got 73 cents.  Apple is still fighting the lawsuit but the publishers decided to settle.