Apple and Publishers Offer Consessions to End EU Antitrust Investigation

Posted August 31, 2012 at 8:22pm by iClarified | Please help us and submit a translation by clicking here | 3788 views

Apple and four major publishers have offered to let Amazon sell e-books at a discount for two years in an attempt to end an EU antitrust investigation and avoid fines, according to a Reuters report. The companies are being investigated for allegedly colluding to fix the prices of e-books.

The Commission was now sounding out opinions from the industry as to whether the concessions are sufficient, the person familiar with the matter said, before a formal market test which could lead to the investigation being dropped.

"The Commission is market testing the commitments on an informal basis," the source said.

The four publishers are Simon & Schuster, HarperCollins, Hachette Livre and Macmillan.

In the United States, Apple recently filed a strongly worded objection to the Department of Justice's settlement with three book publishers calling it 'unlawful'.

Read More


Share
Add Comment
Captain - September 2, 2012 at 7:59am
So Apple fears the EU commission more than the Department of Justice?
Follow iClarified
Benchmarks for the Newly Updated Retina Display MacBook Pros [Charts]
Primate Labs has posted benchmarks for the ne...
New Mid-2014 MacBook Pro Unboxing Photos, SSD Benchmark Results
OWC has gotten a hold of the new mid-2014 Ret...
Plants vs. Zombies 2 Gets 'Dark Ages Part 2' Update
The Dark Ages Part 2 update to Plants vs. Zom...
Apple Support Page Hints at Upcoming Mac Mini Refresh
An Apple Support page may have inadvertently ...
Kindle App Gets Support for Placeholders, Notes Export, Wikipedia Smart Lookup