Thread: EU watchdogs descend on French publishers suspected of collusion to fix ebook prices
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Old 03-03-2011, 05:18 AM   #6
murraypaul
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Quote:
Originally Posted by Kali Yuga View Post
• 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).
Any one publisher can set a price for their own books. If all the publishers get together and set a price for all their books, that is a cartel.

[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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