Wednesday, 7 November 2012

Amazon to win European Union e-book pricing tussle with Apple

BRUSSELS - European Union regulators are to end an antitrust probe into e-book prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on Tuesday.


That decision would hand online retailer Amazon a victory in its attempt to sell e-books cheaper than rivals in the fast-growing market publishers hope will boost revenue and increase customer numbers.

“Faced with years of court battles and uncertainty I can understand why some of

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