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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£24k price tag to reopen New Cross Library

Written By: Benedicte Page Publication Date: Fri, 12/08/2011 - 08:22 Supporters of New Cross library have claimed the council is demanding £24,000 in annual rent to reopen the library. It is due to reopen tomorrow (13th August) as New Cross People's Library, in a trial venture run by local... Continue reading at The Bookseller

[ The Bookseller | 2011-08-12 00:00:00 UTC ]
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Brookes brokers romantic two-book deal

Written By: Charlotte Williams Publication Date: Fri, 12/08/2011 - 10:54 Pan Macmillan has acquired two novels by Diane Allen, general manager of Magna Large Print books. Publishing director Wayne Brookes acquired UK and Commonwealth rights to For the Sake of Her Children and one other novel... Continue reading at The Bookseller

[ The Bookseller | 2011-08-12 00:00:00 UTC ]
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British Library launches E-Book Treasures for iPad

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[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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[ The Bookseller | 2011-08-11 00:00:00 UTC ]
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AppWatch : A Look at What Publishers are Launching in the Mobile Space

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[ Publishing Executive | 2011-08-10 00:00:00 UTC ]
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WaPo Reorgs Book Reviews...Again

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[ Publishers Weekly | 2011-08-10 00:00:00 UTC ]
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[ The Bookseller | 2011-08-10 00:00:00 UTC ]
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[ PC World | 2011-08-10 00:00:00 UTC ]
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[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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[ The Bookseller | 2011-08-08 00:00:00 UTC ]
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[ Baltimore Sun | 2011-08-08 00:00:00 UTC ]
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[ The Bookseller | 2011-08-08 00:00:00 UTC ]
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[ The New York Times | 2011-08-08 00:00:00 UTC ]
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[ PC World | 2011-08-05 00:00:00 UTC ]
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[ The Bookseller | 2011-08-05 00:00:00 UTC ]
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[ The Bookseller | 2011-08-05 00:00:00 UTC ]
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