EU to e-book publishers: We'll settle--if you do as we say
The European Union is not too pleased with e-book publishers, but that doesn't mean it won't settle with them.
Speaking to reporters today, European Union Competition Commissioner Joaquin Almunia said that his organization would settle with e-book publishers as long as they "remove all of our objections." Reuters was first to report on the news.
Almunia reportedly didn't tell the journalists about the nature of the objections, but confirmed that deals could be struck with e-book publishers Pearson, Penguin, and Simon & Schuster (which is owned by CBS, CNET's parent company), among others.
The … Read more