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.
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Apple, EU Settle on E-Books, Amazon Picks Up Marbles
Posted by: David Vranicar November 7, 2012 09:24 AMThe 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.