A surprise ruling last week will force publishers to tear up their e-book contracts with retailers. The ruling is scheduled to go into effect in the next few days and, if it does, Amazon and others will be allowed to slash the price of e-books. A prominent lawyer has filed a Hail Mary brief to stop the process.
States want to give consumers $69 million worth of refunds to compensate them for overpriced ebooks. How much will you get? And how will this affect the publishing industry? Here’s a simple guide to what’s really going on.
State governments, which are suing publishers and Apple for fixing e-book prices, have finally said just how much each consumer will get in a proposed $69 million settlement. We have all the details.