BRUSSELS Oct 4 Amazon is talking to
European Union antitrust regulators about settling a year-long
investigation into its e-book deals with publishers without a
fine, a person familiar with the matter said on Tuesday.
The move comes as Amazon is also under scrutiny over its tax
deal with Luxembourg, which may result in the U.S. online
retailer paying millions of euros in back taxes.
"Amazon is in talks to settle the e-book case but it is too
early to say whether it will reach an agreement," said the
source, who spoke on condition of anonymity.
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 declined to
The EU competition watchdog opened an investigation into the
case in June last year, saying Amazon's e-books contracts with
publishers giving it terms as good as those for its rivals may
make it difficult for other e-books distributors to compete.
The focus is on Amazon's e-books in English and German. The
company is the biggest e-book distributor in Europe, while the
market is growing rapidly.
(Reporting by Foo Yun Chee; Editing by Alexander Smith)