Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 07 December 2011 16:39

Apple investigated for anti-trust in EU

Written by Nick Farell

apple

Doing evil with five big publishers

The fruity cargo cult Apple and five publishers are being formally investigated by the European Commission for forming a pact which keeps ebook prices high. The EC said it was examining whether five publishers have "possibly, with the help of Apple, engaged in anti-competitive practices affecting the sale of ebooks" in Europe.

Opening of proceedings means that the Commission will treat the case as a matter of priority, the Commission said. Named and shamed in the anticompetitive league against the consumer was Penguin, Hachette Livre, Harper Collins, Simon and Schuster, and Verlagsgruppe Georg von Holzbrinck.

In a press release the EC said that it will investigate whether these publishing groups and Apple have engaged in illegal agreements or practices that would have the object or the effect of restricting competition in the EU or in the EEA. "The Commission is also examining the character and terms of the agency agreements entered into by the above named five publishers and retailers for the sale of ebooks."

In March, the Commission raided several unnamed ebook firms, while the Office of Fair Trading in the UK started its own investigation into ebook prices in February. The OFT and EC had been working together on the probe, but the UK body will now shut its investigation down. 

The publishers think that has given them the all clear, however it is more likely that the OFT is just duplicating the EC's work. Penguin said that it does not believe it has breached any laws, and will continue to fully and openly cooperate with the Commission. Apple said nothing.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments