Apple May Settle Price Fixing Case in EU

By Jason Boog 

Apple has reportedly proposed to settle its eBook pricing case with the European Union’s competition commissioner. The Telegraph had the news this afternoon. Check it out:

Joaquín Almunia, the European Union competition commissioner, said he has received settlement offers from Apple and all the publishers other than Penguin. “[The publishers] are making proposals to reach an early resolution of the case,” he said.

In contrast, Apple has pledged to fight similar lawsuits in U.S. courts. Earlier this month, the European Commission revealed that it had received “proposals of possible commitments” from Apple and these four publishers: Simon & Schuster, Harper Collins, Hachette Livre and Verlagsgruppe Georg von Holtzbrinck. (Via Mike Cane)