Saturday, November 10, 2012

Apple, EU Settle on E-Books, Amazon Picks Up Marbles

The European Commission reportedly has decided to accept an e-book pricing settlement that includes Apple and four publishers -- Simon & Schuster, HarperCollins, Hachette and Macmillan's parent company, Holtzbrinck. The ruling, which has not yet been confirmed by the EC, is a win for Amazon and its quest to sell e-books more cheaply than its competitors. The EC launched a formal antitrust investigation about a year ago. Like the U.S. Department of Justice, the Commission accused Apple and the publishers of unfairly fixing ebook prices.


Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/2556eff1/l/0L0Stechnewsworld0N0Crsstory0C765660Bhtml/story01.htm

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