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Topic: EU raids ebook publishers in price fixing investigation

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Subject: EU raids ebook publishers in price fixing investigation
Date Posted: 3/4/2011 8:40 PM ET
Member Since: 8/18/2005
Posts: 7,977
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Well, this will be interesting to watch. I wonder how different their Price Fixing laws are different from ours. And if the evidence would be different.

EU raids ebook publishers in price fixing investigation.

Here.

The European commission has launched morning raids on several publishing houses suspected of fixing the prices of ebooks, as a huge battle for the future of the sector is fought within the publishing and technology industries.

Officials in Brussels have refused to say how many or which publishers were targeted although a spokesman for Hachette, famed for its dictionaries, confirmed that it was among them. The inquiry is understood to be focused on French companies.

In a statement, the commission said that it "has reason to believe that the companies concerned may have violated EU anti-trust rules that prohibit cartels and other restrictive business practices".

Date Posted: 3/5/2011 1:29 PM ET
Member Since: 3/31/2006
Posts: 28,497
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This is an interesting development.  I wonder how it will play out.