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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Supreme Court rejects Apple's appeal over ebook price fixing

The Supreme Court rejected an appeal from Apple Inc. on Monday, leaving in place a ruling that Apple conspired with publishers to raise electronic book prices when the company sought to challenge Amazon.com's dominance of the market. The justices' order lets stand an appeals court ruling that... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-07 00:00:00 UTC ]
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Apple ebook price fixing case won't reach the Supreme Court

Apple's last shot at avoiding a $450 million ebook price fixing settlement just went out the window. The US Supreme Court has declined to hear Apple's challenge of an appeals court decision that left the company on the hook for allegedly conspiring... Continue reading at Engadget

[ Engadget | 2016-03-07 00:00:00 UTC ]
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Supreme Court denies Apple appeal in ebooks price fixing case

Apple will pay $450 million as a settlement for ebook price fixing after the U.S. Supreme Court declined to hear the company's appeal of a lower court's antitrust ruling.The Supreme Court's decision Monday ends Apple's appeal of the antitrust case against the company and five book publishers and... Continue reading at PC World

[ PC World | 2016-03-07 00:00:00 UTC ]
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Major Publishers Contribute to Open eBooks Initiative

The Open eBook private-public partnership offers access to quality digital content, including a catalog of ebooks valued at more than $250 million. The post Major Publishers Contribute to Open eBooks Initiative appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-03-04 00:00:00 UTC ]
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Publishing Industry Speculates About Expansion Plans for Amazon Books

Opinions were mixed about what Amazon's rumored plans to open more physical bookstores could mean for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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Apple is taking its ebook price-fixing fight to the Supreme Court

Apple's long-running court battle over manipulating the pricing of ebooks is getting even more dramatic. Next stop, the Supreme Court, Fortune reports. Back in June, Apple failed to get a Manhattan appeals court to overturn a 2014 ruling that woul... Continue reading at Engadget

[ Engadget | 2015-09-17 00:00:00 UTC ]
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Apple loses ebook price fixing appeal

Apple did conspire with publishers in the US to fix the prices of ebooks, an appeal court has found.  The technology company had appealed against an earlier decision by Judge Denise Cote, who said that Apple and publishers were guilty of conspiring to raise the prices of ebooks. Apple appealed... Continue reading at The Bookseller

[ The Bookseller | 2015-07-02 00:00:00 UTC ]
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Court rules Apple violated antitrust laws by conspiring to raise ebook prices

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[ Crains New York | 2015-07-01 00:00:00 UTC ]
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Apple loses appeal on ebook price-fixing case, will pay $450 million

An appeals court upheld a lower-court ruling that Apple violated antitrust laws to upset Amazon's control of the ebook market.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-07-01 00:00:00 UTC ]
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Apple To Pay $450 Million In Settlement For Price Fixing E-Books

A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing ebook prices with publishers.Apple's last-ditch attempt to avoid paying $450 million to ebook buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in... Continue reading at Fast Company

[ Fast Company | 2015-06-30 00:00:00 UTC ]
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Apple DID conspire to inflate ebook prices, must pay $450 million

On the same day that Apple Music launched, Apple received some bad news from the 2nd U.S. Circuit Court of Appeals. In a 2 to 1 vote, judges ruled that the company did conspire with publishers to inflate the prices of ebooks sold through iBookstore, agreeing with a 2013 ruling. The judges found... Continue reading at Betanews

[ Betanews | 2015-06-30 00:00:00 UTC ]
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Court says Apple fixed ebook prices

A US federal appeals court upholds a ruling that Apple conspired with publishers fix the prices of electronic books. Continue reading at BBC World

[ BBC World | 2015-06-30 00:00:00 UTC ]
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Apple to pay $450 million in ebook price-fixing suit

Apple conspired with publishers to artificially raise the price of ebooks, the Second US Circuit Court of Appeals in Manhattan ruled today, upholding a verdict from 2013. Now that the company has lost its appeal, Apple is expected to pay $450 millio... Continue reading at Engadget

[ Engadget | 2015-06-30 00:00:00 UTC ]
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EU Regulators Investigate Amazon's E-Book Practices

The move continues a trend of cracking down on the operations of major tech companies in Europe.In recent months, European regulators increasingly have been scrutinizing the practices of U.S. tech giants that dominate their respective industries, focusing their investigatory efforts on Amazon,... Continue reading at Fast Company

[ Fast Company | 2015-06-11 00:00:00 UTC ]
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Amazon's ebook distribution contracts could be illegal, says EU

Amazon.com’s ebook distribution deals are coming under close scrutiny from the European Commission, which has begun a formal antitrust investigation into the company’s contracts with publishers.The probe will focus on clauses in Amazon’s contracts that require publishers to tell the company... Continue reading at PC World

[ PC World | 2015-06-11 00:00:00 UTC ]
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Amazon Kindle Convert turns paper books into ebooks, if you're patient

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Publishing Sales Execs Consider the Future of Book Pricing

A trio of international publishing sales executives reflect on the different attitudes toward book pricing across the world, wondering what the future holds. The post Publishing Sales Execs Consider the Future of Book Pricing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-12-22 00:00:00 UTC ]
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Amazon hints at ebook price hike on Jan 1st

Amazon has warned that ebook prices will rise come January following a change in VAT law in an email to self-published authors. On 1st January Amazon will “make a one-time adjustment to convert VAT-exclusive list prices provided to us to VAT-inclusive list prices” resulting in a rise in the list... Continue reading at The Bookseller

[ The Bookseller | 2014-12-18 00:00:00 UTC ]
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Will the Apple ebook price-fixing case be turned upside down?

During an appeals court hearing on the Department of Justice's price-fixing case against Apple, some judges argued against the DOJ, asserting that Apple was simply challenging 'predatory' pricing from rival Amazon. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-17 00:00:00 UTC ]
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Can Apple Win Its E-book Appeal?

On Monday, December 15, Apple will finally get their crack at overturning their 2013 ebook price-fixing judgment, with oral arguments scheduled before the Second Circuit Circuit Court of Appeals. Continue reading at Publishers Weekly

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