News
Apple offers eBook settlement in Europe
By Charles Starrett
Contributing Editor
Published: Monday, April 23, 2012
News Categories: Apple, iTunes
Apple has offered a settlement relating to the ongoing eBook pricing case in Europe. The Telegraph reports that according to European Union competition commissioner Joaquín Almunia, the body has received settlement offers from Apple as well as all the publishers, save for Penguin. “[The publishers] are making proposals to reach an early resolution of the case,” he said; terms of the proposals were not disclosed. Notably, Apple has not made an effort to settle a similar case in the US, possibly due to the differing conditions of the two markets at the time of the alleged collusion.
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“Notably, Apple has not made an effort to settle a similar case in the US, possibly due to the differing conditions of the two markets at the time of the alleged collusion.”
Or it could be that the European investigators, unlike our entirely too business friendly DOJ, didn’t give Apple and the publishers weeks to destroy evidence by politely informing them they would almost certainly be investigated at some future date and instead just raided their offices last year and seized the damaging evidence.
Apple and the big 5 named did everything they’ve been accused of, that or they are just the unluckiest businesses to have ever existed, what with the big 5 having somehow simultaneously presented *identical* new contract and sales demands to all of the eBook retailers across the globe. Yep, that is some horrible bad luck right there. Heck, can you imagine having the bad luck to have your late CEO - apparently delirious from the medication - openly bragging about colluding and fixing prices in the best selling posthumous biography about him, when, as we all know from Apple’s public statement, no such collusion or price fixing took place and we should trust them
The only way Apple doesn’t settle is if they are convinced (as apparently the lone publishing hold out, Penguin, is also) that they have sufficiently disposed of the evidence.
Posted by Code Monkey in Midstate New York on April 23, 2012 at 10:49 AM (PST)