Ama­zon of­fers to set­tle probe

The Star Early Edition - - INTERNATIONAL -

AMA­ZON was poised to set­tle an EU probe into its e-book deals with pub­lish­ers by chang­ing con­tro­ver­sial clauses, reg­u­la­tors said. Ama­zon would not en­force clauses re­quir­ing pub­lish­ers to of­fer it terms as good as or bet­ter than those they had with other e-book dis­trib­u­tors and would avoid them in fu­ture, the Euro­pean Com­mis­sion said, out­lin­ing de­tails of Ama­zon’s of­fer to set­tle the in­ves­ti­ga­tion. Ama­zon’s pledge will last five years and will al­low pub­lish­ers to end con­tracts that link e-book dis­counts on Ama­zon to e-book prices on other on­line stores. – Bloomberg

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