AUSTIN, TX (Attorney General) – Texas residents will begin receiving account credits or checks this week as a result of settlements with five of the nation’s largest publishers of electronic books (E-books).
The restitution payments stem from an investigation by 33 state attorneys general into the publishers’ conspiring with Apple, Inc. to fix E-book prices.
Under national agreements negotiated by Texas and Connecticut and joined by the attorneys general of 31 other states and territories, the publishers agreed to compensate customers who overpaid for E-books in order to settle the states’ allegation that the major publishing houses conspired with Apple to artificially inflate E-book prices.
The five publishers settled the states’ claims for a total nationwide payment of $166 million, of which approximately $12.7 million will be distributed to Texas E-book purchasers, who comprise nearly 8% of E-book purchasers nationwide.
- Hachette Book Group Inc.
- HarperCollins Publishers LLC
- Simon & Schuster Inc.
- Holtzbrinck Publishers, LLC, d/b/a Macmillan
- Penguin Group (USA) Inc.