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The European Commission closed an antitrust inquiry into e-book prices yesterday (13 December) after Apple and four international publishers agreed to ease pricing restrictions on Amazon and other retailers. The decision hands online retailer Amazon a victory in its attempt to sell e-books cheaper than rivals in a fast-growing market publishers hope will boost revenue and customer numbers.

The EU executive said that the concessions from Apple, USA publishers Simon & Schuster and Harper, France’s Hachette Livre, and Germany’s Verlagsgruppe Georg von Holtzbrinck soothed concerns that their pricing deals curbed competition.

To read the full, original article click on this link: Amazon wins EU e-book pricing battle against Apple | EurActiv