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:
www.amazon.com/help/agencyebooksettlements
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
Book Reviews and Bargain reads for the Amazon Kindle, nook, Kobo, Sony and other ereaders, Kindle Fire, nookColor, Kobo Vox, and other tablets, along with some games, music, technology and computers tossed in now and then.
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Saturday, October 13, 2012
Credits from Agency Settlement Coming (But Not Soon)
Just received my email from Amazon, so you should see this in your inboxes as well. I haven't seen anything from any of the other stores yet, but it looks like they have plenty of time, since Amazon says the courts have until Feb 2013 to approve the settlement! We do now have an estimate of the amount and it looks like it will be enough to buy an indie book or two (maybe even one from a former Agency publisher, for some), if you bought any books from the Agency publishers (even the lower priced ones that have been on sale).
