News release from the attorney general’s office:
Tennessee Attorney General Herbert H. Slatery III today announced Tennessee residents who purchased electronic books (E-books) could begin receiving account credits or checks this week. Payments are the result of the successful prosecution of a price-fixing case against Apple, Inc. in 2013.
Tennessee joined a group of 33 states, led by Connecticut and Texas, in investigating and prosecuting Apple for its participation in the conspiracy to artificially inflate E-book prices. Apple is obligated to pay $400 million in nationwide consumer compensation after the United States Supreme Court denied Apple’s request to review a lower court’s finding that the company violated antitrust laws.
“Returning the hard-earned money of Tennessee consumers was the primary goal in this litigation,” Attorney General Slatery said. “I appreciate the hard work of our office, along with our colleagues in other states, to make certain all companies compete fairly and play by the same rules.” Continue reading