UPDATED 16:44 PM EST, December 13, 2012
BRUSSELS (AP) — The European Union's competition watchdog has accepted proposals by four publishers and Apple to end agreements that set retail prices for e-books — a practice the EU feared violated competition rules.
The decision reached Thursday is legally binding on Hachette Livre; Harper Collins; Simon & Schuster; and Verlagsgruppe Georg von Holtzbrinck, which owns Macmillan. The deal is also binding on Penguin.
