Apple, ebook publishers look to settle EU antitrust dispute

Apple and four major ebook publishers have offered retailers such as Amazon.com the option to set their own prices for ebooks for the next two years in a bid to end an antitrust investigation in the European Union. The European Commission launched the investigation into allegations of cartel price-fixing by Harper Collins, Hachette Livre, Simon & Schuster, Penguin, Macmillan and Apple last December. The publishers are accused of colluding with Apple to fix the price of ebooks, forcing up prices for consumers and attempting to squeeze rivals such as Amazon out of the market. The case hinges on so-called “agency pricing”, which allows more control by publishers over retail prices, in particular an unusual “most favored nation” (MFN) clause. Apple, Harper Collins, Hachette Livre, Simon & Schuster and Macmillan have all offered to terminate existing agency agreements and refrain from adopting price MFN clauses for five years. Penguin has not offered any commitments and an investigation into its conduct is ongoing. In addition, retailers would be free to set the retail price of ebooks, offering whatever discounts or promotions they wish, for a two-year period, so long as the total value of discounts does not exceed the total annual amount of commission that the retailer receives from the publisher, reported the E.U.’s Official Journal on Wednesday. This could mean lower prices for consumers thanks to increased competition. However the Commission is asking... Continue reading at 'PC World'

[ PC World | 2012-09-19 00:00:00 UTC ]
News tagged with: #provide feedback #interested parties #proposed remedies #increased competition

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Apple settles ebook antitrust dispute with U.S. states, consumer group

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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... Continue reading at Engadget

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EU regulators to accept Apple and book publishers' offer of cheaper ebooks

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Apple backs off in EU ebook antitrust case

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Apple, publishers face U.S. antitrust lawsuit over ebook pricing

WASHINGTON -- The Justice Department on Wednesday sued  Apple Inc. and five major book publishers for allegedly colluding to fix ebook prices. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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Antitrust officials reportedly sue Apple, publishers over ebooks

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EU ready to settle with publishers over ebook price-fixing, but no talks yet

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Publisher Trade Group Letter Calls Out Apple and Google App Stores in Antitrust Bills

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Publishers urge government on ebook VAT ahead of crunch EU meeting

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Apple's no longer court monitored in ebook antitrust case

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Apple loses ebook antitrust appeal

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Apple agrees to $450 million dollar settlement in ebook antitrust case

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Apple settles ebooks price-fixing class action lawsuit

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Apple, Publishers Battle New E-book Antitrust Claims

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Court appoints antitrust monitor in Apple ebook case

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Judge bars Apple from price-fixing deals with ebook publisher

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