Consumers to receive refunds in e-book price fixing lawsuit

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MONTGOMERY, Ala. (AP) – Officials say Alabama consumers will receive more than $6,300,000 from Apple Inc. in a lawsuit over inflated e-book prices.

Alabama Attorney General Luther Strange said in a statement Monday that the tech giant is expected to spend about $400 million to compensate consumers across the country and Alabamians are slated to receive approximately $6,357,100.

Strange says Alabama and 32 other states prosecuted Apple for conspiring with five major American publishers to raise E-book prices.

Strange says consumers will receive payments of $6.93 for each New York Times best-seller and $1.57 for other e-books purchased between April 1, 2010 and May 12, 2012.

Officials say consumers who bought e-books through Sony or Google will receive checks. Consumers who bought books from Apple, Amazon, Barnes and Noble and Nook will receive account credits.

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