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Amazon is continuing payouts as part of Apple’s e-book pricing scheme

by Danny Zepeda | October 18, 2017October 18, 2017 3:00 pm PDT

Amazon is rolling out a fresh batch of credits to customers who purchased an e-book from April 1, 2010 to May 21, 2012 as part of the antitrust lawsuit against Apple for conspiring to inflate e-book prices.

The lawsuit was brought against Apple back in 2013 by the United States Justice Department. It argued Apple and five other publishers—HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan and Penguin—conspired together to inflate the prices of e-books. You may remember there was a big argument about why e-books prices were similar to regular books even though none of the production or distribution expenses applied to publishers.

Apple and the five publishers were found guilty and ordered to pay out $450 million. This latest round of credits is another part of Apple’s pay out. Previous Apple pay outs came in 2014 and 2016 to the amount of $400 million, but there’s still a fraction that needs to be distributed.

Eligible customers should be receiving an email detailing their credit. The credits will only be available for six months, expiring April 20, 2018.

MacRumors

Danny Zepeda

Born and raised in Southern California, Danny grew up on a steady diet Pixar, Star Wars and Steven Spielberg movies. Unbeknownst to him, this was...

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