Feb 07, 2014
By Michael Kramer
Canada’s Competition Bureau says four major publishers of electronic books have agreed to changes that will result in lower prices for retail customers.
The agreements follow an 18-month investigation into the ebook industry in Canada.
The agency says the agreement will remove restrictions that prevented ebook retailers from lowering their prices – contrary to Canada’s competition law.
Deals have been signed with Hachette Book Group, HarperCollins, Macmillan and Simon & Schuster.
Meanwhile, the Bureau’s investigation into the electronic book industry continues.