Amazon wants ebook problem sorted out with EU

Stefan Mileschin · 8th October 2016, 13:23

Amazon is chatting to European Union antitrust regulators about settling a year-long investigation into its e-book deals with publishers without a fine.

The book seller is in a lot of hot water with the EU over its tax deals with Luxembourg, which may result in the US online retailer paying millions of euros in back taxes. It is possible that the last thing it wants is to be hit with another big fine from the ebook case.

It is early days yet, but it seems that Amazon is keen to settle the ebook case. Under the EU’s settlement rules, the company would not face any fine or finding of wrongdoing if it can offer concessions to allay regulatory concerns.

European Commission spokesman Ricardo Cardoso is saying nothing about any deal.

http://www.techeye.net/business/amaz...ed-out-with-eu

8th October 2016, 13:23	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,597	Amazon wants ebook problem sorted out with EU Amazon is chatting to European Union antitrust regulators about settling a year-long investigation into its e-book deals with publishers without a fine. The book seller is in a lot of hot water with the EU over its tax deals with Luxembourg, which may result in the US online retailer paying millions of euros in back taxes. It is possible that the last thing it wants is to be hit with another big fine from the ebook case. It is early days yet, but it seems that Amazon is keen to settle the ebook case. Under the EU’s settlement rules, the company would not face any fine or finding of wrongdoing if it can offer concessions to allay regulatory concerns. European Commission spokesman Ricardo Cardoso is saying nothing about any deal. http://www.techeye.net/business/amaz...ed-out-with-eu

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Tech has a diversity problem, and that problem is culture	Stefan Mileschin	WebNews	0	16th November 2015 07:39
How to Add Custom Screensavers to Your Kobo Ebook Reader	Stefan Mileschin	WebNews	0	9th June 2015 09:12
Apple tries to limit ebook punishment	Stefan Mileschin	WebNews	0	27th August 2013 06:34
Apple's ebook case looks doomed	Stefan Mileschin	WebNews	0	27th May 2013 06:52
Ebook craze is slowing	Stefan Mileschin	WebNews	0	8th January 2013 06:33
EU about to close eBook probe	Stefan Mileschin	WebNews	0	8th November 2012 06:17
New Players Guide to SWTOR eBook	Stefan Mileschin	WebNews	0	15th December 2011 06:51
Amazon again shipping its Kindle ebook reader	Shogun	WebNews	0	28th April 2008 21:37
Editorial: Return of the eBook?	jmke	WebNews	0	27th February 2006 17:39
Case Art’s Full Sorted UV Molex Kit & PSU Modding Tool Kit	Da_BoKa	WebNews	0	24th November 2004 13:42