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US: Ebook buyers learn details of Macmillan, Penguin settlement

 |  August 31, 2013

Consumers who purchased eBooks between April 1, 2010 and May 21, 2012 were sent a notice last Friday advising on their opportunity to claim part of the $162.25 million settlement by eBooks publishers Macmillan and Penguin as part of an agreement to end their price-fixing lawsuit.

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    Attorneys general settled with the publishers, which were accused of fixing eBooks prices between the dates above. The case was part of a larger one involving additional publishers as well as Apple, Inc.

    According to the notice, qualified consumers can have funds credited to their iTunes account and used for future eBooks purchases.

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