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November 6, 2012 02:47 pm EDT

EU regulators to accept Apple and book publishers' offer of cheaper e-books

According to Reuters, EU regulators look likely to accept an offer from Apple and a handful of publishers, including Simon & Schuster, HarperCollins, Hachette Livre and Macmillan. The assembled publishers propose that they will allow retailers (including Amazon) to sell e-books cheaper than Apple does. The move will attempt to end the EU's anti-trust investigation that looked into the publishers' e-book pricing model that unfairly affected retailers' ability to compete with Apple's electronic book collection.

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EU regulators to accept Apple and book publishers' offer of cheaper e-books originally appeared on Engadget on Tue, 06 Nov 2012 09:47:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2012/11/06/eu-regulators-accept-apple-and-book-publishers-offer-of-cheaper/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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