Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
November 6, 2012 09:53 pm GMT

EU to End Price-Fixing Investigation With Apple, Publishers [REPORT]


The European Commission is expected to come to an agreement with Apple and four book publishers, ending a year-long investigation into whether they have been fixing e-book prices, according to a report.

In September 2011, the Commission began investigating claims that the publishers had priced their e-books in a way that prevented booksellers from selling books more cheaply than Apple, violating EU antitrust rules. According to an earlier report in Fortune, Steve Jobs cut a deal with the aforementioned publishers in early 2010 in an effort to drive Amazons e-book prices up.

Citing two unnamed sources, Reuters reports that EU regulators are planning to accept an offer from Ap…
Continue reading...

More About: HarperCollins, Macmillan, Media, Simon & Schuster, amazon, apple, ebooks, hachette livre, publishing


Original Link: http://feeds.mashable.com/~r/Mashable/~3/_nVQTbwEpjw/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable