Sunday, July 15, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube Copyright Match Tool Fights Content Stealing
Amazon to Compete With Cisco in Networking Equipment: report
Twitter, Facebook, Alphabet to Testify at U.S. House hearing
Google's Head Chip Designer Moves to Facebook
U.S. DoJ Indicts 12 Russian Intelligence Officers for Hacking Offenses Related to the 2016 Election
PC Shipments Grew For the First Time in Six Years During the 2Q of 2018
ZTE Expects Losses Due to U.S. Penalty
Microsoft Calls for Public Regulation of AI Face Recognition Software
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Europea...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 04, 2017
European Commission Accepts Commitments from Amazon on e-books


The European Commission has adopted a decision that renders legally binding the commitments offered by Amazon. The commitments address the Commission's preliminary competition concerns relating to a number of clauses in Amazon's distribution agreements with e-book publishers in Europe.

Commissioner Margrethe Vestager, in charge of competition policy, said: "Today's decision will open the way for publishers and competitors to develop innovative services for e-books, increasing choice and competition to the benefit of European consumers. Amazon used certain clauses in its agreements with publishers, which may have made it more difficult for other e-book platforms to innovate and compete effectively with Amazon. We want to ensure fair competition in Europe's e-books market worth more than 1 billion euros."

With today's decision Amazon will no longer enforce or introduce these clauses in agreements with publishers.

The Commission opened an investigation in June 2015 because it had concerns about clauses included in Amazon's e-books distribution agreements that could have breached EU antitrust rules. These clauses,sometimes referred to as "most-favoured-nation" clauses, required publishers to offer Amazon similar (or better) terms and conditions as those offered to its competitors and/or to inform Amazon about more favourable or alternative terms given to Amazon's competitors. The clauses covered not only price but many aspects that a competitor can use to differentiate itself from Amazon, such as an alternative business (distribution) model, an innovative e-book or a promotion.

The Commission considered that such clauses could make it more difficult for other e-book platforms to compete with Amazon by reducing publishers' and competitors' ability and incentives to develop new and innovative e-books and alternative distribution services. The clauses may have led to less choice, less innovation and higher prices for consumers due to less overall competition in the European Economic Area (EEA) in e-book distribution.

Amazon has sought to address the Commission's concerns by offering not to enforce, introduce or to change the terms of its agreements with publishers. It amended its proposal following feedback received from interested parties on the suitability of Amazon's originally proposed commitments.

Today, the Commission has concluded that the amended final version of the commitments offers a timely, effective and comprehensive solution to the competition concerns it had identified.

If Amazon were to breach the commitments, the Commission could impose a fine of up to 10% of Amazon's total annual turnover, without having to find a violation of the EU competition rules.



Previous
Next
Intel Re-defines Xeons, Skylake Chips Coming This Summer        All News        Apple to Invest In U.S. Manufacturing Companies
Analyst Places Netflix, Tesla In Potential Takeover Targets for Apple     General Computing News      Apple to Invest In U.S. Manufacturing Companies

Get RSS feed Easy Print E-Mail this Message

Related News
Amazon to Compete With Cisco in Networking Equipment: report
Amazon Introduces Show Mode for Fire Tablets, New Show Mode Charging Dock and New Fire HD 10 Kids Edition
Amazon Alexa Will be the Room Service in Marriott Hotels
Amazon Introduces Amazon Fire TV Cube
Amazon to Stream English Premier League Soccer Matches
Amazon Introduces New ODM Solutions to Integrate Alexa into PCs
Amazon Admits Alexa Eavesdropped and Shared Conversation
Amazon Stops Shopping Ads on Google: report
Amazon Introduces Experience Centers to Promote Alexa Smart Home
Amazon Says More Than a Million U.S. Small Businesses Sell on Its Site
Amazon Reports Huge Profits
Amazon Alexa and New Echo Dot Speaker Target Kids

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .