Apple and four publishers are reportedly trying to come up with an agreement that would make both Amazon and European regulators happy, as a way to settle an e-book price-fixing investigation. According to a source speaking to Reuters, Apple and the publishers are proposing a plan under which other e-book retailers—namely, Amazon—could sell e-books at a discount, rather than at the price set by publishers. The European Commission has not yet accepted the offer, according to Reuters, but is informally “market testing the commitments” to see whether such a solution would be workable. Read the full story at ARS Technica.
The return of cheap e-books? Apple, publishers bend in Europe, too
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).