Amazon offers refunds following e-book settlement in a price-fixing case

Advertisement
By Agence France-Presse | Updated: 16 October 2012 10:51 IST
Amazon has announced it will offer refunds to customers who bought e-books as a result of a partial settlement of a lawsuit against publishers in a price-fixing case.

The e-commerce giant said the precise amounts won't be known until a court finalizes the deal but that the refunds will probably range from 30 cents to $1.32 for certain Kindle books purchased between April 2010 and May 2012.

In notifications to customers over the past few days, Amazon noted that publishers Hachette, Harper Collins, and Simon & Schuster have agreed to the deal in a US government lawsuit alleging a price-fixing conspiracy with Apple.

The settlements create a $69 million fund for refunds.

Advertisement

"We think these settlements are a big win for customers and look forward to lowering prices on more Kindle books in the future," Amazon said in a message to its customers.

Advertisement

The three publishers reached a settlement in April when the US government launched its case against Apple and other publishing houses "for conspiring to end e-book retailers' freedom to compete on price."

The lawsuit will proceed against Apple along with publishers Macmillan and Penguin Group for what US authorities called a conspiracy to raise prices and limit competition for e-books.

Advertisement

US officials said the scheme was aimed at ending a discounting effort by Amazon, which sold most e-books at $9.99 until the new pricing plan was forced on the retail giant.

The move almost instantly raised the prices consumers paid for e-books, authorities said.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Amazon, Kindle books, e books
Advertisement

Related Stories

Popular Mobile Brands
  1. Motorola Edge 70 Fusion Key Specs Revealed Ahead of India Launch
  2. YouTuber Shows Off Samsung Galaxy S26 Ultra Alongside the iPhone 17 Pro Max
  3. Nothing Phone 4a Design, Triple Rear Cameras and Glyph Bar Teased
  4. Samsung Galaxy S26 Ultra Leak Suggests It May Skip Battery, Camera Upgrades
  5. Xiaomi Pad 8 India Launch Date Announced, Will Debut Alongside These Phones
  6. Apple Said to Plan Five Launches at March 'Special Experience' Event
  7. Samsung Galaxy S26 Ultra's 'Privacy Display' Feature May Come to More Phones
  8. Nothing Headphone (a) Listed on IMDA Database Ahead of Anticipated Launch
  9. LG Gram 14 (2026) Launched With Up to Ryzen AI 7 450 Processor: See Price
  10. Who Is Asha Sharma, the New Xbox Chief Replacing Phil Spencer?
  1. Xiaomi Pad 8 India Launch Date Announced; Snapdragon 8s Gen 4 and 9,200mAh Battery Confirmed
  2. Nothing Phone 4a Design Teased, Triple Rear Camera Setup and Glyph Bar Revealed
  3. Multiple Assassin's Creed Games in Development Alongside Two New Far Cry Titles, Ubisoft Confirms
  4. Motorola Edge 70 Fusion Key Specs Revealed Ahead of India Launch
  5. Samsung Galaxy S26 Ultra 'Privacy Display' Feature to Arrive on Other Flagship Android Phones, Tipster Claims
  6. Croma Everything Apple Sale Brings Discount on MacBook Pro M5 (2025), iPad Pro, and More
  7. iPhone 17, iPhone 16 and Other Models Discounted in Croma Everything Apple Sale: Best Deals, Offers
  8. Apple Reportedly Exploring Deep Red iPhone 18 Pro Colour; iPhone Fold to Have 'Utilitarian' Shades
  9. Apple Said to Be Developing Visual Intelligence Models for AI Pendant, Other Upcoming Wearables
  10. Nothing Headphone (a) Reportedly Listed on IMDA Certification Database Hinting at Imminent Global Launch
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.