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VOL. 40 | NO. 25 | Friday, June 17, 2016
Tennessee AG: Consumers to get credits, checks for e-books
NASHVILLE (AP) - The office of state Attorney General Herbert Slatery says some Tennesseans who have purchased electronic books could soon be getting credits or checks as a result of a price-fixing case against Apple.
The money and credit paid back to consumers is a result of Tennessee joining 33 states to investigate and prosecute Apple for a conspiracy to artificially inflate e-book prices. Apple is obligated to pay $400 million to consumers nationwide as a result of the case.
Online e-book retailers such as Amazon and Barnes & Noble are already emailing customers telling them they have new credits in their accounts.
The amount consumers get is determined by their e-books purchased between April 2010 and May 21, 2012.