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Publishers fear the loss-leading sales of e-books will undermine the cost of print publications (Photo: Flickr.com)

Brussels raids publishers suspected of e-book price-fixing

A number of French publishing giants were on Tuesday the target of a series of European Commission anti-trust inspections searching for evidence the companies were colluding to fix prices on e-books.

Competition inspectors descended upon Hachette, Gallimard, Albin Michel and Flammarion, according to a report on a French tech news site, going through records on the computers and mobile phones of company officials. Of the four, just Hachette has confirmed the raids.

The raids were p...

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Publishers fear the loss-leading sales of e-books will undermine the cost of print publications (Photo: Flickr.com)

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