“British media group Pearson’s Penguin unit has offered to scrap e-book deals with Apple that imposed price restrictions on Amazon and other retailers, EU antitrust regulators said on Friday,” Reuters reports.
“The concessions, if accepted by the European Commission, would make Penguin the fifth book publisher to settle with regulators, ending a 16-month long investigation without any finding of wrongdoing or fine,” Reuters reports. “Apple and publishers Simon & Schuster, News Corp unit HarperCollins, Lagardere SCA’s Hachette Livre and Verlagsgruppe Georg von Holtzbrinck, the owner of Germany’s Macmillan, reached a settlement with the Commission in December.”
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