European Ebook Anti-Trust Suit Comes to a Proposed Settlement

Sep 20, 2012

While the DOJ's lawsuit against Apple and several publishers - which accuses them of price-fixing - has gotten most of our attention, a similar lawsuit has been working its way through the European legal system. While three publishers settled here in the States, Apple and the other publishers have vowed to fight on. In Europe, however, it's been a different story.

The European Commission has agreed to drop the suit, when the companies in question agreed to let Amazon and other retailers to sell ebooks at a discount for two years, according to the New York Times. This is still just a proposed settlement and affected companies are able to comment for a month before any agreement is finalized.