Apple is returning money to ebook buyers after losing price-fixing lawsuit

Three years after a court first ruled that Apple was liable for conspiring to fix ebook prices, consumers are finally getting their money back for buying overpriced books. Starting today, booksellers are beginning to refund customers by placing store credit into the accounts they bought the affected ebooks with. Apple will pay out $400 million to impacted consumers. It still denies wrongdoing with regard to ebook pricing.

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