EU investigates Apple over ‘anti-competitive’ practices in e-book market

“Apple and five publishers are to be investigated over anti-competitive practice in the e-book market, says the European Union’s anti-trust watchdog,” BBC News reports.

“As well as the tech giant, the inquiry centres on Hachette Livre, Penguin, Harper Collins, Simon & Schuster and Verlagsgruppe Georg von Holzbrinck,” The Beeb reports. “The Commission said it would focus on alleged illegal agreements restricting competition in the EU.”

The Beeb reports, “The character and terms of agreements that the companies made with agencies are to be examined for breaches of EU rules on cartels, the Commission said… Apple’s iBook store [sic], which supplies e-books to the company’s iPad tablet computer and the iPhone, is likely to come under scrutiny.”

Read more in the full article here.

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      1. the united states federal reserve has agreed to effectively underwrite the euro mess by giving low interest rate loans to the europeans. it appears, as it has often during history, that the europeans want the u.s. to bail them out when they get in a mess and they really don’t understand competition since they are always needing supports to prop them up.

        1. @ el Tritoma
          You do understand that the US Federal Reserve is 12 private bank and not under the American People’s control in any shape or form. With that in mind, maybe you should rethink what you’re saying or do a little research so you will gather a little knowledge of your specialist subject.

        2. Hey el Tritoma,

          Did you see the latest antitrust story:

          “The U.S. Justice Department confirmed Wednesday that it is conducting an antitrust investigation into the pricing of electronic books”

          I guess that this means the US “really don’t understand competition” either!

  1. Apple doesn’t set the price, the publishers do and if you remember it was the publishers that were colluding with each other before the deal was done.
    Why isn’t Amazon included in this? If I remember correctly there was some articles that stated how Amazon was requiring the publishers to give the a better deal they they were giving Apple.
    If this is the case, things don’t look good for the publishers but I can see where this might be a great boost for Apple.

    1. Macsnob = “How is education supposed to make me feel smarter? Besides, every time I learn something new, it pushes some old stuff out of my brain. Remember when I took that home winemaking course, and I forgot how to drive?”

      – Follow the links.

      Click to access 1982.pdf

      Don’t perpetually live in the facile and parochial world of the dumbed-down mass-market media.,

      Edumacte yourself.

  2. Exhibits A and B: Nook and Kindle apps in the app store for free.

    If Apple rejected those or forced B&N and Amazon to offer them as paid apps you might have a complaint.

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