Amazon Offers To Scrap Ebook Clauses To Settle EU Antitrust Probe (reuters.com) 16
U.S. online retailer Amazon has offered to alter its e-book contracts with publishers in a bid to end an EU antitrust probe and stave off a possible fine, the European Commission said on Tuesday. From a report: Amazon, the biggest e-book distributor in Europe, proposed to drop some clauses in its contracts so publishers will not be forced to give it terms as good as those for rivals, the Commission said. Such clauses relate to business models, release dates, catalogs of e-books, features of e-books, promotions, agency prices, agency commissions and wholesale prices. The Commission opened an investigation into the company's e-books in English and German in June 2015, concerned that such parity clauses make it harder for other e-book retailers to compete with Amazon by developing new and innovative products and services. The EU competition enforcer gave rivals and customers a month to provide feedback before it decides whether to accept the proposal. Under EU antitrust rules, such settlements mean no finding of infringement nor fines which could reach 10 percent of a company's global turnover.
Re: How would Amazon ever know? (Score:1)
You can't do that any more than you can buy a share of Facebook and demand to see a breakdown of their diversity numbers. Owners (aka share holders) generally have no rights to business operations data.
Wait a minute (Score:2)
Didn't Apple get slapped down for this sort of scheme, a few years ago, when they launched iBooks?
Re: (Score:3)
In this case, Amazon isn't colluding with the publishers to raise prices, so the clause just forces the publisher to give Amazon a lower price if they give another retailer a lower price. Still kinda sleazy (kind of a perpetual price-match policy; arguabl
Re: (Score:2)
You wanna do business on my turf, you do it by my rules. Don't like it, fuck off.
We're nothing if not adaptable. We learn Trump's ways faster than even he does.
Re: (Score:3)
Re: (Score:2)
Yeah, we think it's more acceptable to kill yourself than others. Hence you get beer with 16 and a driving license and gun with 18.
Re: (Score:1)
Just as a reminder to enforce political correctness: this is only xenophobic if someone in the US says it.
Re: (Score:1)
contrasting with my inability to give a shit in the past.
They have medicines for this. They're called laxatives.