Apple and a number of other publishers had been accused of stifling healthy competition in the e-book industry. Investigations on this antitrust case had been underway by European Union and a similar case is ongoing in the U.S. In U.S., a number of publishers have already agreed to a settlement which has resulted in a trend of decline in e-book prices.
And now, Apple and a number of other publishers have agreed to settle the EU case. As per the settlement, Apple, along with a number of publishers including Macmillan, Simon & Schuster, Hachette Livre and Harper Collins will have to adhere to a no-interference policy towards e-book retailers. (more…)
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