Apple, Publishers Make Offers to Settle EU Ebook Investigation
August 31, 2012 11:53 AM
comment(s) - last by
They offered to let Amazon and other retailers to sell ebooks at a discount for two years
An Apple ebook deal may be in the works after a long 10 months of investigation by the European Union (EU).
Apple and four major publishers that are being investigated have started offering antitrust concessions in an effort to ward off fines and further trouble. The four publishers are
Harper Collins (News Corp., U.S.A.),
Simon & Schuster (CBS Corp., U.S.A.),
Hachette Livre (Lagardère Publishing France) and
Verlagsgruppe Georg von Holzbrinck (owner of inter alia Macmillan, Germany).
Penguin (Pearson Group, United Kingdom) is also being investigated, but did not submit a proposal.
One offer from Apple and the four publishers was to allow Amazon and other retailers to sell ebooks at a discount for two years. The Commission is now looking into whether these concessions are enough by taking opinions from the industry.
European Commission opened a formal antitrust investigation
into whether the five international e-book publishers had been practicing anti-competitive tactics with the help of Apple and its e-book store iBooks
. More specifically, the Commission wanted a closer look at the agency pricing model that the publishers adopted with Apple, which allows publishers to set a price for their ebooks and Apple takes a 30 percent cut. However, the publishers can't sell those same books on other retail sites like Amazon for a lower price.
This was not only seen as anticompetitve by the European Commission, but also the U.S. Department of Justice (DOJ).
DOJ sued Apple and the publishers
in April 2012 over the agency pricing model.
Simon & Schuster and
Hachette Livre decided to settle the case with the U.S. DOJ.
Penguin and Macmillan have decided to fight the antitrust case.
The U.S. bench trial in the Apple e-book case will start
June 3, 2012
This article is over a month old, voting and posting comments is disabled
RE: Apple should have ZERO input on this.
9/1/2012 1:18:18 AM
E-book market got 'disrupted' by Apple's entry. Consumer's prices for e-books went up. Them's the facts, spin away.
"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference
Apple E-Book Trial Set for June 2013
June 27, 2012, 5:42 PM
DOJ Could Sue Apple As Soon As Today Over E-Books, Works to Settle With 5 Publishers
April 11, 2012, 9:15 AM
European Commission Targets Apple, Publishers in E-Books Antitrust Probe
December 6, 2011, 12:55 PM
Chromebooks Expected to See Sales Grow 26 Percent to 7.3 Million Units This Year
May 22, 2015, 1:26 PM
Apple Finally Updates 15" MacBook Pro w/ Force Touch; 5K iMac Gets Price Cut
May 20, 2015, 1:45 PM
LG G4's International Rollout Begins; Pint-Sized G4c, High-End G4 Stylus Trot Out
May 19, 2015, 12:54 AM
President Obama Posts His First "Personal" Tweet to Twitter Via an iPhone
May 18, 2015, 4:38 PM
Microsoft Bricks the Xbox Ones of Gears of War Testers Responsible for Leaks
May 14, 2015, 5:26 PM
Windows 10 Mobile Build 10080 is Available for New Phones, Brings Office Preview
May 14, 2015, 2:53 PM
Most Popular Articles
America's Largest Cable Company, Comcast, Sees Internet Subscriptions Pass TV
May 4, 2015, 2:46 PM
Can id Software's Doom Find Its Way Out of a 7+ Year Development Hell?
May 19, 2015, 7:38 PM
Oculus Rift Confirms "Pause" in OS X, Linux Development, Some Devs are Mad
May 18, 2015, 11:36 PM
The Pirate Bay Loses Its Iconic Swedish Dot SE Domains
May 20, 2015, 6:31 PM
In-Depth: Apple's ~$1B Court Victory Over Samsung to be Cut up to a Third
May 18, 2015, 9:20 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information