Latest in Amazon

Image credit:

Penguin joins publishers settling with the DOJ over e-book prices

Share
Tweet
Share
Save

Sponsored Links

The US Department of Justice may have only reached settlements with three of the five major publishers it had sued for allegedly fixing e-book prices, but it's improving its track record through a new deal with Penguin. Like its peers, the firm has agreed to end any pacts that prevent it from lowering e-book prices, whether the arrangements are with Apple or any other store operator. While Penguin hasn't immediately commented on its change of heart, a company spokesperson made clear to The Guardian that an EU settlement was for "clearing the decks" ahead of a joint venture with Random House -- Penguin didn't want government scrutiny looming over its union. The truce leaves Macmillan as the last book giant still slated to go to court in the US, and it may not get much support when Apple was part of the European agreement.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

Hulu's 'Castle Rock' season 2 teaser shows the origins of 'Misery'

View
YouTube is shutting down its TV-friendly web interface

YouTube is shutting down its TV-friendly web interface

View
SIM-based attack has been used to spy on people for two years

SIM-based attack has been used to spy on people for two years

View
Discord is pulling its subscription service's free games library

Discord is pulling its subscription service's free games library

View
Deluge of Pixel 4 photos confirms a few of the phone's key specs

Deluge of Pixel 4 photos confirms a few of the phone's key specs

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr