The Competition Bureau announced today that it has taken action to restore retail price competition for ebooks in Canada.
The Commissioner of Competition commended Apple and three major publishers – Hachette, Macmillan and Simon & Schuster – for entering into consent agreements to resolve his concerns related to these companies’ conduct in the market for ebooks. As a result, Canadian retailers including Amazon and Kobo will be able to offer discounts on ebooks by these publishers.
As no agreement has been reached with a fourth publisher, HarperCollins, the Commissioner has filed an application with the Competition Tribunal for an order to stop its alleged anti-competitive conduct.
The Bureau’s investigation concluded that an anti-competitive arrangement between HarperCollins, its competitors and Apple ultimately led to higher prices for Canadian consumers.
SOURCE Competition Bureau