Apple, publishers settle EU e-book antitrust investigation | iLounge News

News

Apple, publishers settle EU e-book antitrust investigation

Apple and four major publishers have agreed to settle an EU antitrust investigation, Reuters reports, by letting retailers sell e-books at a discount in Europe. For two years, Apple, along with publishers Simon & Schuster, HarperCollins, Hachette Livre of France, and Verlagsgruppe Georg von Holtzbrinck, which owns Macmillan in Germany, will not “restrict, limit or impede e-book retailers’ ability to set, alter or reduce retail prices for e-books and/or to offer discounts or promotions,” the European Commission reported. A settlement was first offered in April.

EU regulators had examined Apple’s e-book pricing deals, including contract clauses that disallowed publishers from selling e-books for prices lower than those set by Apple. Apple and the publishers have agreed to suspend those contracts for five years, the Commission said. Among the publishers being investigated with Apple, only Penguin has not agreed to settle with the Commission. Apple, Penguin and Macmillan continue to fight a similar legal battle in the U.S., though Simon & Schuster, HarperCollins, and Hachette settled with the U.S. government in April.

« Apple’s Schiller confirms: No iPhone 5 dock

Shared Photo Streams go live for iOS 6, Mac »

Related Stories

Comments

If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.

Commenting is not available in this section entry.
Sign up for the iLounge Weekly Newsletter

Email:

Recent News

Recent Reviews

Recent Articles

Sign up for the iLounge Weekly Newsletter

Email:

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy