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Isle buyers of e-books owed money in settlement

By Associated Press

POSTED:



The state Attorney General's Office says consumers in Hawaii could receive up to $300,000 in compensation under a nationwide settlement with three of the country's largest book publishers over price-fixing allegations.

Hawaii Attorney General David Louie says the state's share is part of a $69 million antitrust agreement agreed to by Hachette Book Group Inc., HarperCollins Publishers LLC and Simon & Schuster Inc.

A lawsuit alleged a conspiracy to fix the prices of electronic books. The lawsuit and settlement stem from an investigation by the Connecticut and Texas attorneys general and the U.S. Department of Justice.

Consumers who purchased e-books from any of the publishers from April 2010 through May 21 can be compensated. Payments are to begin a month after a court approves the deal.






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h20dragon wrote:
eBooks are more expensive than paperbooks in many cases, especially for mass market fiction books. Can find them cheaper at Walmart, Target, KMart, etc. than on-line. Also, many of the books that I would like to re-read from the past are not even available as ebooks.
on August 31,2012 | 10:21AM
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