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December 13, 2012 06:21 pm GMT

With DoJ Suit Still In Play, Apple And Four Big Publishers Settle Price Fixing Probe In Europe

ibookstoreGood news for Amazon, and for consumers on the lookout for bargain prices for e-books in Europe. Apple, along with the publishersSimon & Schuster, Harper Collins, Hachette and Holtzbrinck (Macmillan), have reached a settlement over e-book pricing in Europe.That deal had become the subject of an antitrust probe initiated in December 2011: the European Commission believed it gave Apple and the publishers an unfair advantage over how they priced e-books. Ironically, the biggest winner in this antitrust settlement might be the biggest e-book retailer of them all, Amazon.

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