Amazon wins EU ebook pricing battle with Apple and major book publishers

The European Union has accepted an offer from Apple and four major publishers to reduce pricing restrictions on content offered at Amazon and other book-sellers. After being caught out by the EU, we heard that the offer was likely to be adopted last month, and the commission has now confirmed the settlement which, according to them, "will restore normal competitive conditions in this new and fast-moving market, to the benefit of the buyers and readers of ebooks." The new setup will let retailers set prices or discounts for two years and also drop "most-favored nation" contracts for five years. This clause had previously stopped Simon & Schuster, HarperCollins, Lagardere SCA's Hachette Livre and Macmillan from striking deals to sell ebooks at other retailers at prices lower than those offered in Apple's own bookstore -- the "favored nation"Filed under: Apple, AmazonCommentsSource: Reuters, European Commission Continue reading at 'Engadget'

[ Engadget | 2012-12-13 00:00:00 UTC ]
News tagged with: #european union #major publishers #most-favored nation #lagardere sca #hachette livre #striking deals #favored nation

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Mobile, Idealism, More Mobile: What UK Publishers Worry They’re Not Worried Enough About

Some of the U.K.’s leading premium publishers gathered together for the Association of Online Publishers’ Autumn conference on Thursday in London. Top of the agenda was the issue of cross-platform publishing and the challenges pub ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-10-10 00:00:00 UTC ]
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Download: Friday’s Frankfurt Book Fair 2014 Show Daily

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[ Publishing Perspectives | 2014-10-10 00:00:00 UTC ]
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New Faces in Frankfurt: Publisher Snapshots from Around the World

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[ Publishing Perspectives | 2014-10-10 00:00:00 UTC ]
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Book Deals: Week of October 13, 2014

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[ Publishers Weekly | 2014-10-10 00:00:00 UTC ]
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Patrick Modiano Wins 2014 Nobel Prize for Literature

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[ Publishing Perspectives | 2014-10-10 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, October 5, 2014

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[ Publishers Weekly | 2014-10-10 00:00:00 UTC ]
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PW Picks: Books of the Week, October 13, 2014

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The Audio Book Club Goes Wild

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[ Slate | 2014-10-10 00:00:00 UTC ]
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Patrick Modiano Wins Nobel Prize in Literature

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[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
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Frankfurt Book Fair 2014: 'You Have to Try Things,' Says HarperCollins' Murray

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[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
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Frankfurt Book Fair 2014: CCC Hosts Open Access Town Hall

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[ Publishers Weekly | 2014-10-09 00:00:00 UTC ]
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Print books are outselling digital by a healthy margin

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[ The Christian Science Monitor | 2014-10-09 00:00:00 UTC ]
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Download: Thursday’s Frankfurt Book Fair 2014 Show Daily

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[ The Christian Science Monitor | 2014-10-09 00:00:00 UTC ]
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