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Subjects: LAW, LEG, POL, CFG

Information Notice - Federal Court rules in favour of the Competition Bureau in e-books case


Decision expected to lead to lower e-book prices for Canadian consumers

OTTAWA, Feb. 1, 2018 /CNW/ - The Competition Bureau welcomes today's decision by the Federal Court that paves the way for Canadian retailers to offer discounts on e-books to consumers. The Court rejected an application by Kobo, Canada's largest e-book retailer, to challenge agreements the Bureau reached with major e-book publishers.

A Bureau investigation concluded that an anti?competitive arrangement between four publishers and Apple led to higher e-book prices for Canadian consumers. In January 2017, the Bureau entered into consent agreements with three of these companies ? Hachette, Macmillan and Simon & Schuster ? to resolve its concerns. Today's decision by the Federal Court upholds these agreements and clears the way for a fourth consent agreement, reached with HarperCollins earlier this month, to come into force.

The Bureau expects that, once implemented, the four consent agreements will benefit Canadian consumers by increasing competition in the e-book marketplace.

Quotes

"I am glad to see that Canadians will finally benefit from the agreements we reached with publishers more than a year ago. I expect we will see more competitive prices now that Canadian retailers can finally offer discounts on e-books published by four of Canada's major publishers."

John Pecman, Commissioner of Competition

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Related Information

Associated Links

January 20, 2017: Canadian retailers will be able to offer discounts on ebooks by three major publishers

January 9, 2018: Competition Bureau reaches settlement with HarperCollins in ebooks case

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The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.

 

SOURCE Competition Bureau


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