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03-02-2011, 02:11 PM | #1 |
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EU watchdogs descend on French publishers suspected of collusion to fix ebook prices
On Monday, teams of investigators from the European Commission descended on the offices of the major French publishers, including Hachette, Gallimard, Flammarion and others, around 10:30 am to look through their computers and other IT gear to check for evidence of collusion to fix prices for e-books.
France is on the verge of passing legislation to establish the one price rule for e-books (paper books in France can be discounted to a maximum of only 5%), and to require that foreign sites selling their books on the French market adhere to the same rules. It would seem that this is running counter to the European legislation on free competition and Brussels is not happy. For the original story (in French) here is the link. http://www.01net.com/editorial/52918...-les-prix-maj/ |
03-02-2011, 02:15 PM | #2 |
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Not just the French ones: https://www.mobileread.com/forums/sho...d.php?t=123833
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03-02-2011, 11:27 PM | #3 |
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Bookseller has some more info: http://www.thebookseller.com/news/eu...ce-fixing.html
If you expect the publishers to get railed, I wouldn't get your hopes up over this. • The French Competition Authority already cleared the publishers. • Lang Laws in France and similar laws throughout the EU require that publisher set prices, and retailers can't discount more than 5% (as Polyglot pointed out). I don't expect this will amount to much, especially once the Lang Laws et al get extended to ebooks. |
03-03-2011, 12:12 AM | #4 |
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The headline made me think, "Book pirates?" Then I read price fixing and thought, who doesn't fix their prices these days??
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03-03-2011, 03:26 AM | #5 | ||
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Quote:
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03-03-2011, 05:18 AM | #6 | |
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[Definition of a Cartel. A cartel occurs when 2 or more firms enter into agreements to restrict the supply or fix the price of a good in a particular industry.] |
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03-03-2011, 05:38 AM | #7 |
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What about the pirate cartel and their set price of zero?
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03-03-2011, 09:48 AM | #8 |
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03-03-2011, 09:53 AM | #9 | ||
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Oh, wait, to you it's good if they get busted. (Even though publishers setting prices are apparently mandated by law in most of the EU.) Never mind. Quote:
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03-03-2011, 11:07 AM | #10 | ||
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Yes, obviously. No cartel ever benefited the consumer, so I'm happy if such collusion is put to an end.
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That said, let's just apply common sense here for a second: if the only wrongdoing the Commission suspected was adhering to a country's book price fixing laws they certainly wouldn't need to raid publishers' offices at the break of dawn (OK, 10.30 a.m., but still) to ascertain that? It's a collusion between publishers they're after, like the French Big Six equivalent getting together and saying, "look, about this newfangled ebook thing, nobody sell below € 13.99 a pop, mkay?" And yes, you better believe that it's chiefly Amazon on the other side, none too happy about such a cartel. (I suppose they only like monopolies of one. But I digress.) |
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03-03-2011, 12:30 PM | #11 |
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Hmm, very interesting. It has an almost high speed feel to it all, but I imagine it is a rather slow process and I can't imagine the impact will be very loud (although you never know. Well, some people feel they have the inside track on ALL things here on Mobile Read but I certainly don't and I would be ashamed to pretend that I do).
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03-03-2011, 02:15 PM | #12 | ||
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But so far there is no evidence of that kind of collusion. Sorry to tell you that a bad taste over agency pricing does not prove that the publishers are coordinating in secret. My question to you on this point was much more specific. I have no doubts that the investigation is ongoing, as should have been indicated by my post. It sounded like you were citing facts rather than expressing an opinion, so I asked for the source. Quote:
Assuming that the subjects of the investigation are all guilty is not "common sense," it is "jumping to a conclusion." You should at least settle for "innocent until specific evidence is cited." |
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