MacNN | EU ready to accept deal with Apple, book publishers
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
EU ready to accept deal with Apple, book publishers
Tuesday, November 6, 2012 @ 12:26pm

Regulators with the European Union are prepared to accept a proposal by Apple and four publishers to end an antitrust investigation into ebook pricing, Reuters sources say. Under the terms of the arrangement, Apple and the publishers would let retailers set their own prices and discounts for at least two years. The deal would also suspend "most-favored nation" contracts for at least five years; in this case, for instance, it would block contracts stopping retailers from selling books more cheaply than Apple.



Apple, Simon & Schuster, Hachette, and Macmillan are said to have made the proposal in September; Penguin, one of the parties under investigation, reportedly wasn't involved in the offer to the EU. One the sources adds that the European Commission hasn't asked for any more concessions, and suggests that the Commission will likely accept the proposal and make an announcement next month. Publishers have been accused of conspiring with Apple to favor the iBookstore and undercut Amazon, the leading ebook vendor. Before the iBookstore was launched publishers are thought to have been upset at how low the prices for Amazon's Kindle titles were, and switched to an agency model which gave Apple an artificial edge.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Trouble at TPK may hint at iWatch production issues - 12:35 PM EST
  • MOTU ships trio of Thunderbolt audio interfaces, AVB Ethernet switch - 12:04 PM EST
  • CNBC, Fox Now added to US Apple TV lineup - 11:23 AM EST
  • Briefly: Total War: Shogun 2, SilhouetteFX 5.2 - 10:35 AM EST
  • Refurbished Retina MacBook Pros drop below $1,000 mark - 10:27 AM EST
  • AppleCare+ plans for iPhone, iPad come to Mexico and Sweden - 9:11 AM EST
  • Drobo Mini ships with included SSD storage for portable storage - 9:01 AM EST
  • Apple updates MacBook pro line with faster processors, more RAM - 8:30 AM EST
  • Canon unveils PowerShot SX520 HS, SX400 IS bridge cameras - 5:57 AM EST
  • Briefly: Yelp adds video, Facebook forces Messenger for iOS - 2:07 AM EST
  • Apple Stores gearing up to allow early-upgrade carrier program buying? - 12:43 AM EST

    Today's iPodNN Stories:
  • LG commences pre-orders for 105-inch curved Ultra HD television - 12:02 PM EST
  • UK police at all traffic accidents seizing cellphones, seeking fault - 11:59 AM EST
  • Microsoft opens pre-orders for Sharks Cove Windows development board - 10:49 AM EST
  • China regulators launch anti-trust investigation against Microsoft - 10:19 AM EST
  • Long-standing Android 'Fake ID' bug gives malware root access - 9:10 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.