EU about to close eBook probe - Apple and publishers back down | TechEye
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07 Nov 2012 09:37 | by Nick Farrell in Rome | Filed in Software
An EU anti-trust watchdog has stopped growling at Apple and four publishers after they agreed to ease price restrictions on Amazon.
The move is a victory for Amazon which wanted to sell e-books cheaper than its rivals.
A spokesman at the EU insisted that its investigation was not yet finished, but Reuters insisted that it was done and dusted. An official announcement is expected next month.
It looks like the EU accepted a deal from Apple and the publishers to let retailers set prices or discounts for a period of two years, and also to suspend “most-favoured nation” contracts for five years.
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