Price matching is also called perma-free 
It takes a while from my experience. The more people you can get to click on the link like Held for Ransom explained, the higher the chances Amazon will do it (and the quicker it might happen). Another thing to note is that apparently they are more likely to do it if you report the price being different on B&N or Kobo, rather than just Smashwords itself or some other random place. Lastly you will need to go through the process separately for US, UK, etc. as the Amazon sites are pretty much separate entities (annoying in so many ways...). This means that they can price match your US book, but several months later the UK one is still paid... - that's my sister's experience
It takes a while from my experience. The more people you can get to click on the link like Held for Ransom explained, the higher the chances Amazon will do it (and the quicker it might happen). Another thing to note is that apparently they are more likely to do it if you report the price being different on B&N or Kobo, rather than just Smashwords itself or some other random place. Lastly you will need to go through the process separately for US, UK, etc. as the Amazon sites are pretty much separate entities (annoying in so many ways...). This means that they can price match your US book, but several months later the UK one is still paid... - that's my sister's experience
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