EU anti-trust regulators seek settlement with publishers
March 15, 2012 | 1:27 am
With all the attention that the US Department of Justice’s e-book price lawsuit threat is getting, it can be easy to forget that there’s some anti-trust investigation going on over on the other side of the Atlantic as well. Reuters reports that the European Union’s competition commissioner wants to reach a settlement with publishers over agency e-book pricing.
While Amazon continues to complain that the agency model is “a damaging approach,” the EU commissioner seems to be ready to settle if publishers act to remove the commission’s objections by offering concessions. What those concessions might be was not clear in Reuters’s report. The commissioner did say that EU regulators are coordinating with those in the USA, so they might include the same sorts of things (such as the ability for retailers to set sale prices) being discussed here, however.