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.

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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.

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