Amazon astonishes its customers with surprise cash credit in their accounts

Tuesday, 25 March 2014 - 11:18pm IST | Agency: DNA Webdesk
As part of its anti trust settlement with multinational publishing houses, Amazon had been refunding customers who purchased ebooks by Hachette, HarperCollins, Simon & Schuster, Macmillan and Penguin
  • Amazon-Kindle AFP

This was unlike the many emails you probably receive, everyday, from questionable diplomats or Nigerian bankers that offers you thousands of dollars in exchange for your account number.

Amazon customers came out as winners in a rare public settlement by international publishing houses Hachette, HarperCollins, Simon & Schuster, Macmillan and Penguin, who in turn provided Amazon with the funds to pay back their customers who purchased ebooks between April 1, 2010 and May 21, 2012 part of the cost.

So, those who bought ebooks on the New York Times bestseller are entitled to a credit of $3.17 per book while others get $0.73.

So what really happened?
According to the website set up on the matter, the lawsuits claims there was a conspiracy involving five of the nation’s top publishers and Apple to fix and raise retail prices of E-books. But following deliberations, even though the publishers refused to admit to the said conspiracy, they settled with agreeing to refund the customers.

However, not Apple, they refuse to give in. A separate lawsuit with similar claims continues against Apple.

But needless to say, those who were at the receiving end of this little extra cash reward, couldn't help but brag:

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