Amazon, Apple issue refunds from e-book price-fixing lawsuit

Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) have begun issuing credit to customers who paid too much for e-books. The credits are a result of the publishers reaching settlements with the various regulators, attorneys general and others over the allegations that they colluded to set an inflated price on e-books.

In emails going out to Amazon and Apple iTunes customers, both companies have issued refunds in the form of merchandise credits preloaded into customers' online accounts. Story