Apple and ebook publishers Hachette, Macmillan, and Simon & Shuster have agreed to change how they sell ebooks to settle allegations that they entered into an anti-competitive agreement that reduced price competition by ebook retailers. The Commissioner of Competition commenced an application in the Competition Tribunal against a fourth publisher, HarperCollins, that refused to settle. Both the application and the settlements allege that Apple and the ebook publishers entered into an anti-competitive arrangement to prevent retailers from reducing ebook prices. The settlements prohibit the publishers from restricting an ebook retailer’s ability to reduce retail ebook prices. They also forbid the ... [more] Full article