(WFLA) — Check your email because you could have money waiting for you. It’s all thanks to a $400 million settlement involving alleged price-fixing affecting e-books.
Customers who bought e-books from Apple, Barnes & Noble, Amazon, and Kobo, between April 1, 2010 and May 21, 2012, are eligible. Customers could get $6.93 for a New York Times bestseller, and $1.57 for all others.
Many people will get credits in their electronic accounts or a check in the mail.
The credit expires in a year.
The antitrust lawsuit claimed Apple and five US publishers (HarperCollins, Penguin, Simon & Schuster, Hachette, and Macmillan), raised the retail prices of e-books. The publishers settled before trial, but a court found Apple violated antitrust laws. Apple went through an appeals process, but agreed to pay customers $400 million if it lost. The Supreme Court refused to hear the appeal. Apple denies any wrongdoing.
More information about the settlement can be found here.