The Canadian Press - ONLINE EDITION

Big publishers sign deal, ebook prices expected to fall: Competition Bureau

  • Print

OTTAWA - Four major publishers of electronic books have signed an agreement with the Competition Bureau that is expected to lower prices for consumers by 20 per cent or more.

The publishers have agreed to scrap clauses in their distribution contracts that keep ebook retailers from offering discounts.

The agreement follows an 18-month investigation into the ebook industry by the federal agency.

The bureau says the previous practice of banning discounts effectively reduced competition.

The deal covers Hachette Book Group, HarperCollins, Macmillan and Simon & Schuster, which publish many of the best-selling ebooks.

The bureau says a similar move in the United States produced discounts of 20 per cent or more for consumers.

"This agreement should benefit Canadian consumers by lowering the price of ebooks in Canada," John Pecman, the federal commissioner of competition, said in a statement.

"Businesses operating in the digital economy must realize that anti-competitive activity will not be tolerated, whether it occurs in the physical world or the digital one."

Booknet Canada reported last year that ebooks made up about 15 per cent of sales.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Kevin Cheveldayoff announces Maurice contract extension

View more like this

Photo Store Gallery

  • A mother goose has chosen a rather busy spot to nest her eggs- in the parking lot of St Vital Centre on a boulevard. Countless cars buzz by and people have begun to bring it food.-Goose Challenge Day 06 - May 08, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • PHIL HOSSACK / WINNIPEG FREE PRESS 060710 The full moon rises above the prairie south of Winnipeg Monday evening.

View More Gallery Photos

Poll

What are you most looking forward to this Easter weekend?

View Results

View Related Story

Ads by Google