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 ]
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Three Publishing Veterans Form a New House, Authors Equity

Madeline McIntosh, Nina von Moltke, and Don Weisberg—most recently at Penguin Random House US and Macmillan, respectively—have joined forces to form a new publishing company. As its name implies, the publisher will operate outside of traditional publishing business models. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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When Indie Publishing Meets Corporate Bookselling

In 2022 my first novel, Save the Village, found its home with Regal House, a mighty little woman-owned traditional independent publisher that prints all its books in the US and has a nonprofit division that works with underserved students around Raleigh, where they’re headquartered. Regal House,... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-04 09:53:54 UTC ]
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A Neuromancer TV series is coming to Apple TV+

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[ Engadget | 2024-02-29 10:34:03 UTC ]
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An indie publisher finds its future – with a public library

Angel City Press in Los Angeles has long published local authors. In a bold move, its founders are now giving the press to the city’s public library. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2024-02-28 15:49:05 UTC ]
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Atria Launches New Bilingual Imprint, Primero Sueño, as S&S Ramps Up Latino Publishing

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[ Publishers Weekly | 2024-02-28 05:00:00 UTC ]
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Microcosm's Cloud-Based Software Aims to Help Indie Publishers Automate Tasks

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With the Novel Prize, Three Anglophone Publishers Team to Champion Innovative Fiction

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U.K. Publishing Spotlight: The PA Explains the U.K. and U.S. Export Nexus

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U.K. Publishing Spotlight: For Watkins Media, No Niche Is Too Small

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U.K. Publishing Spotlight: How Covid Fostered DK's Transatlantic Collaboration

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