EU Regulators in Talks With Publishers on Settlement for Anti-Trust Case

According to Reuters, EU and U.S. regulatory officials are working in co-ordination on the case (EU Open to Settlement With E-Book Publishers):

EU regulators are open to a settlement with e-book publishers owned by Lagardere (LAGA.PA), News Corp (NWSA.O) and three other firms if they offer concessions to resolve competition concerns, the EU’s antitrust chief said on Monday.

Since last December, the European Commission has been investigating whether the publishers fixed prices with Apple Inc (AAPL.O) for electronic books, an action that might have blocked rivals such as Amazon (AMZN.O) and hurt consumers.

Read more at Reuters.

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