German cabinet agrees to extend fixed prices to e-books - Reuters

Panzer is still sneezing and sniffling so it was a short trip into the Catosphere today. With a box of tissues on the seat next to him, our kitty boy stopped in at the Reuters site.

According to a post there by Maria Sheahan (edited by Hugh Lawson), Germany's cabinet has extended a law on the pricing of paper books to include ebooks. Where ever the ebook retailer is located, the price will be fixed in Germany for German buyers. It has already been ruled in Germany that some of Amazon's discounts to buyers are illegal, so this new law will further hamstring the retailer's efforts to increase sales there.

There just might be a loop hole there.

Panzer says, "Hmm ... The Reuters post makes reference to German language books. ... Does that mean, if they're English language books, they're not covered under the law? Inquiring cats want to know."

Note: Today's read will only need one cup of tea.

To read the post, tootle over to Germany