Canada, publishers reach ebooks competition settlement

Feb 07, 2014
A woman tries the eBook reader app on an Apple iPad at the Leipzig Book Fair in eastern Germany on March 15, 2012

Four major ebook publishers reached a settlement Friday with Canadian authorities to end practices which officials said choked off competition and kept prices high.

The Bureau of Competition said in a statement that the publishers "have agreed to remove or amend clauses in their distribution agreements with individual ebook retailers that the Bureau believes have the effect of restricting retail price , which will allow retailers to offer discounts on ."

As a result, the deal "is expected to lower the price of ebooks in Canada," the statement said.

The settlement follows an 18-month investigation into the ebook industry in Canada and was signed by Hachette Book Group, HarperCollins, Macmillan and Simon & Schuster.

The consent was registered with Canada's Competition Tribunal.

"This agreement should benefit Canadian consumers by lowering the price of ebooks in Canada," said Competition Commissioner John Pecman.

"Businesses operating in the digital economy must realize that anti-competitive activity will not be tolerated, whether it occurs in the physical world or the digital one."

Officials said similar settlements reached in the United States in 2012 and 2013 resulted in lower for ebooks in the US market, including discounts of 20 percent or more on top-selling titles.

In the United States, major publishers reached an agreement to settle a probe into illegal collusion with Apple, but the maker of iPads went to trial and lost. Apple is facing court supervision in the case.

Explore further: Judge approves $450 mn deal in Apple ebook suit

add to favorites email to friend print save as pdf

Related Stories

Penguin joins settlement in US e-books lawsuit

Dec 18, 2012

Penguin Group has agreed to join three other publishers in a settlement of a US government lawsuit alleging an e-book price-fixing conspiracy with Apple, officials said Tuesday.

US class-action ebook price-fixing suit can proceed

May 15, 2012

A judge Tuesday allowed a class-action case to proceed against Apple and six publishing houses alleging a price-fixing scheme for electronic books, citing "ample" indications of a conspiracy.

E-books: US tells Apple to cut publishing ties

Aug 02, 2013

The US Department of Justice said Friday that tech giant Apple must cut ties with the five publishers with which it was found guilty of running an e-book price-fixing scheme.

Apple, e-book publishers, EU find competition deal

Dec 13, 2012

(AP)—The European Union's competition watchdog has accepted proposals by four publishers and Apple to end agreements that set retail prices for e-books—a practice the EU feared violated competition rules.

Recommended for you

Dish restores Turner channels to lineup

Nov 21, 2014

Turner Broadcasting channels such as Cartoon Network and CNN are back on the Dish network after being dropped from the satellite TV provider's lineup during contract talks.

'Call of Duty' blasts past $10 bn in sales

Nov 20, 2014

Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales, propelled by demand for the latest installment in the 11-year-old franchise.

Square's point-of-sale service goes global

Nov 20, 2014

Financial services startup Square is taking aim at cash registers across the globe, making its point-of-sale software available internationally in English, Spanish, French and Japanese.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.