March 25, 2014, 10:38 AM

Amazon and Barnes & Noble begin issuing e-book credits

The booksellers today began doling out credits as part of an antitrust case settlement against several publishers.

Lead Photo

Amazon.com Inc. and Barnes & Noble Inc. have sent consumers who bought its e-books between April 1, 2010, and May 21, 2012, an e-mail alerting them that they have received a credit as part of a settlement between some of the largest U.S. book publishers and a coalition of state attorneys general.

The states claimed that five publishers—Hachette Book Group Inc., HarperCollins Publishers Inc., Simon & Schuster Inc., Macmillan Publishers Ltd. and Penguin Group USA LLC—and Apple Inc. colluded to artificially inflate e-book prices.

While the publishers agreed to a settlement, Apple continues to fight the case. Apple, No. 3 in the 2013 Top 500 Guide recently appealed a ruling that it violated antitrust laws.

Amazon customers can apply the credit to either Kindle e-books or a print books sold by Amazon.com. Similarly, Barnes & Noble customers can apply the credit to the retailer's e-books or print books.

Amazon is No. 1 in the Top 500 Guide and Barnes & Noble is No. 27.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Puneet Mehta / Mobile Commerce

Keeping the creepiness out of mobile marketing

A mobile marketing expert offers five tips to retailers on how to approach new marketing ...

FPO

Jacques van der Wilt / E-Commerce

How to quickly improve your ROI on Google Shopping

Don’t just track category ROI. Look at ROI by product to maximize profits. Just one ...

Advertisement