Amazon.com Notifies Kindle Users That They May Receive A Refund On E-Book Purchases
Amazon.com has started to let Kindle users known that they may receive a refund on e-book purchases due to the settlement made for price-fixing by the major publishers. The message was sent to users “in most U.S. states and territories.” A $69 million fund was created by Hachette, HarperCollins, and Simon & Schuster. The Attorney General is estimating that the refund will amount to $0.30 to $1.32 per e-book. The e-books must have been purchased between April 2010 and May 2012.
“In addition to the account credit, the settlements impose limitations on the publishers’ ability to set e-book prices” said Amazon. “We think these settlements are a big win for customers and look forward to lowering prices on more Kindle books in the future.”
Credits will be added to the accounts of Amazon.com users. However you can request for a check if you are eligible though. Below is the e-mail that Amazon.com sent out:
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Dear Kindle Customer,
We have good news. You are entitled to a credit for some of your past e-book purchases as a result of legal settlements between several major e-book publishers and the Attorneys General of most U.S. states and territories, including yours. You do not need to do anything to receive this credit. We will contact you when the credit is applied to your Amazon.com account if the Court approves the settlements in February 2013.
Hachette, Harper Collins, and Simon & Schuster have settled an antitrust lawsuit about e-book prices. Under the proposed settlements, the publishers will provide funds for a credit that will be applied directly to your Amazon.com account. If the Court approves the settlements, the account credit will appear automatically and can be used to purchase Kindle books or print books. While we will not know the amount of your credit until the Court approves the settlements, the Attorneys General estimate that it will range from $0.30 to $1.32 for every eligible Kindle book that you purchased between April 2010 and May 2012. Alternatively, you may request a check in the amount of your credit by following the instructions included in the formal notice of the settlements, set forth below. You can learn more about the settlements here:
In addition to the account credit, the settlements impose limitations on the publishers’ ability to set e-book prices. We think these settlements are a big win for customers and look forward to lowering prices on more Kindle books in the future.
Thank you for being a Kindle customer.
The Amazon Kindle Team