EU Officials Raid Publishers

Thanks Jorgen for a link to a post at eBookMagazine regarding European Union Officials raiding several publishers because “the Commission has reason to believe that the companies concerned may have violated EU antitrust rules that prohibit cartels and other restrictive business practices.”

These raids follow news of the UK Office of Fair Trading’s investigating the agency pricing model. Under the model, publishers set the price and force retailers to accept a set commission on the sale, thereby fixing the price at all retailers.

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