Why Amazon (Probably) Gave You Free Money This Morning

Tuesday morning, select Kindle users woke up to an unexpected Amazon refund.

The money is the result of an Apple eBooks anti-trust settlement between various publishers and the Department of Justice. Publishers and Apple were accused of conspiring to fix select ebook prices when the iBookstore launched. Apple is still fighting the suit but publishers decided to settle.

Thus, anyone who bought an ebook from HarperCollins, Simon & Schuster, Hachette, Penguin, or Macmillan between April 2010 and May 2012 that made it onto the New York Times bestsellers list got a $3.17 refund. Non-bestsellers got 73 cents. (Minnesotans received $3.93 and 94 cents.) The refund has already been automatically added to customers’ Amazon accounts.

[GigaOm]

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