Reuters: Technology News: Apple, publishers offer EU e-book antitrust concessions: source

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Apple, publishers offer EU e-book antitrust concessions: source Aug 31st 2012, 11:20 Tweet Share this Email Print Related News Amazon says Kindle Fire has sold out Thu, Aug 30 2012 Navy SEAL's book gives different account of bin Laden death Wed, Aug 29 2012 Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal Mon, Aug 27 2012 Apple triumphs over Samsung in landmark patent case Fri, Aug 24 2012 Apple triumphs over Samsung, awarded over $1 billion damages Fri, Aug 24 2012 An Apple logo is seen at the Apple Worldwide Developers Conference 2012 in San Francisco, California June 11, 2012. Credit: Reuters/Stephen Lam BRUSSELS | Fri Aug 31, 2012 7:20am EDT BRUSSELS (Reuters) - Apple and four major publishers will allow retailers such as Amazon to sell e-books at a discount for two years in a bid to end an EU antitrust investigation and stave off possible fines, a person familiar with the matter said on Friday. The EU antitrust watchdog opened an investigation into Apple's e-book pricing deals with the publishers last December, saying these may hamper competition in Europe. The four publishers are Simon & Schuster, News Corp unit HarperCollins, French group Lagardere SCA's Hachette Livre and Verlagsgruppe Georg von Holtzbrinck, which owns Macmillan in Germany. The publishers have agreed deals with Apple under which online versions of their books sell for set prices on Apple's iTunes, with Apple taking 30 percent of the proceeds. The deals specified that other retailers, such as Amazon, could not sell the e-books at a lower price. (Reporting by Foo Yun Chee; editing by Philip Blenkinsop) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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