Readersforum's Blog

September 5, 2012

EU investigation: publishers ‘concede e-book discounts’

Simon & Schuster, HarperCollins, Hachette Livre and Macmillan owner Verlugsgruppe Georg von Holtzbrinck have offered to allow retailers including Amazon to sell their e-books at a discount for two years in a bid to end an EU antitrust investigation and stave off fines, according to a Reuters report.

Apple, with which the publishers have entered into agency pricing agreements, is also said to have agreed on the concessions. Penguin, a fifth publisher which employs agency pricing on e-books, is not identified as having offered the concession.

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