A PYMNTS Company

E.U.: EU could force Apple and ebook publishers to slash prices

By  |  September 18, 2012

 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The are signs according to the European Commission, that Apple and four publishers are making proposals to reach an early resolution of the case. Although no precise details were confirmed, it is believed it would include a two-year ban on using the agency-pricing model. This model pushes up the price of eBooks because retailers such as Amazon can’t sell them at a lower price than Apple offers.

    Full Content: ComputerActive

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.