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Amazon scores in ebook victory

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iol scitech jul 20 ebook

AP

In an unusual move before a trial, a federal judge expressed a tentative view that the US Justice Department will be able to show evidence that Apple engaged in a conspiracy with publishers to increase e-book prices.

London - European Union regulators are set to accept an offer by Apple and four publishers to end an antitrust inquiry into their ebook prices, handing Amazon victory in a attempt to sell online books cheaper than its rivals.

Apple and the publishers have offered to let retailers set their own prices or discounts for two years, and also suspend “most-favoured nation” contracts, which bar publishers from selling ebooks more cheaply elsewhere, for five years. - The Independent

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