by Romain Dillet from TechCrunch
Amazon has accepted new contract terms with book publishers in the European Union after Commissioner Margrethe Vestager led an investigation into Amazon’s practices.
After today’s decision, Amazon will no longer force publishers to provide the best price on the company’s Kindle store.
The investigation started a couple of years ago as publishers started to worry that Amazon’s contracts would hurt everyone’s bottom line.
With that clause, publishers wouldn’t be able to sell their own books on other platforms at a cheaper price.
Check out the full article at TechCrunch.