#amazon will change its ebook contracts with publishers as EU ends antitrust probe
May 4, 2017 | Uncategorized

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The EU has reached an agreement with Amazon following an antitrust investigation into the company’s ebook business. In 2015, the European Commission began a probe into the licensing deals Amazon was making with publishers, suggesting that the US giant was forcing them into unfair contracts that stifled competition in Europe’s €1 billion ebook market. In January, Amazon suggested a number of changes it would make to its contracts, and the EU now says it’s happy to accept them, bringing a close to the investigation.
The parts of the contract the EU objected to were a number of “most-favored-nation” clauses. These required any publishers doing a deal with Amazon to reveal the terms of the contracts they made with rival distributers. Amazon…