Monday, October 15, 2012

Kindle Users To Get Refund?

From a Reuters report this morning, an explanation of the e-mail I received yesterday from amazon...

"Owners of Amazon.com's Kindle e-readers will receive refunds on past e-book purchases and see e-book prices drop if a judge approves legal settlements with publishers accused of fixing prices, according to the Internet retailer. Amazon told Kindle owners in emails on Saturday that they could receive a refund of between 30 cents and $1.32 for e-books they bought between April 2010 and May 2012. The books must have been published by three publishers who have agreed to settle a lawsuit that accused them of inflating e-book prices."

The publishers that agreed to settle were HarperCollins, Simon & Schuster, and Hachette. Those are the big boys.