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Apple is being investigated by the European Commission, e-book cartel won't be happy

Apple involved in e-book cartel? Price fixing? Shady deals?

@anthony256
Published Tue, Dec 6 2011 9:18 PM CST   |   Updated Tue, Nov 3 2020 12:30 PM CST

This is something that should develop into 2012, but early reports are that the European Commission just announced a few hours ago that they have opened a formal antitrust proceeding to investigate whether a number of international e-book publishers have engaged in anti-competitive practices affecting the sale of e-books in Europe, "possibly with the help of Apple."

Apple is being investigated by the European Commission, e-book cartel won't be happy | TweakTown.com

Publishers that were identified in the antitrust investigation include Hachette Livre (Lagardre Publishing, France), Harper Collins (News Corp., USA), Simon & Schuster (CBS Corp., USA), Penguin (Pearson Group, United Kingdom) and Verlagsgruppe Georg von Holzbrinck (owner of inter alia Macmillan, Germany).

The Commission says it will investigate whether these publishers and Apple have engaged in illegal agreements or practices that would "have the object or the effect of restricting competition" in the European Union or in the European Economic Area (EEA). The Commission isn't stopping there, either. They're also looking into "agency agreements" between the publishers and e-book retailers, in collaboration with the UK Office of Fair Trading.

NEWS SOURCE:techcrunch.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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