Price-Fixed Ebook Buyers In The US Could Get $3 For Each Purchase

Price-Fixed Ebook Buyers In The US Could Get $3 For Each Purchase

Following the ebook price fixing scandal that saw Apple found guilty, all five of the publishing houses involved in the spat have finally agreed to a federal court settlement.

The settlement — published in full below — outlines how consumers may retrospectively benefit from the deal. According to the document, if you bought an ebook from one of the publishers five between April 1, 2010, and May 21, 2012, you could be eligible for a $US3.06 pay-out per book purchased. That figure is strictly for books that featured on the New York Times bestseller list; non-bestsellers will see a repayment of just $US0.73.

The reimbursements will apply to ebooks purchased through Amazon, Barnes & Noble, Kobo and Apple, and arrive in the form of credit with the respective seller. The figures are, however, still tentative: Macmillan and Penguin have approved the settlement, but they still need to finalise their stance. Unfortunately, only those in the US are included in the deal. [Gigaom via The Verge]

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