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Old 01-01-2013, 05:51 AM   #16
HarryT
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Quote:
Originally Posted by fjtorres View Post
Book price fixing is apparently (somewhat) more acceptable in the UK and definitely so on the continent.
Looking at the settlements over the conspiracy, the Gang of 6 got off without even a fine over there. They simply promised not to do it anymore and all is suddenly just fine. No restitution to consumers, no punishment. And no monitoring of BPH contracts or accounting.
That portends a less competitive environment moving forward.
Or perhaps it simply means that the European Commision have not yet completed their investigation into ebook pricing which is currently ongoing. The EU is very tough indeed on price-fixing cartels. The motor industry in particular has received enormous fines for this practice, and recently mobile phone operators were forced to drastically lower their roaming charges, which was also regarded as a form of price fixing.

Wait and see what happens.
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