Apple suspends 'most favored nation' in European iBookstore for 5 years

Apple has sent an email to e-book publishers selling in European iBookstores noting that the “most favored nation” clause has been suspended until December 8, 2017, setteB.IT notes on Twitter. The change removes the phrase from the book-selling contract, which prevented publishers from selling e-books via other distributors at a price lower than Apple’s.

The European Commission has been conducting an anti-trust investigation of e-book pricing, and the group reached a settlement with Apple earlier this week. This change is seen as a result of that settlement.

[Via MacRumors]

Apple suspends ‘most favored nation’ in European iBookstore for 5 years originally appeared on TUAW – The Unofficial Apple Weblog on Thu, 20 Dec 2012 12:30:00 EST. Please see our terms for use of feeds.

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