Apple and Amazon Audiobooks Agreement Under Investigation In Germany

Panzer was enjoying a quiet trip in the Catosphere today when our kitty boy decided to stop in at the Yahoo! Finance site. There he found some interesting news about Amazon and Apple.

We'll have to watch this.

According to a post from Reuters, German Federal Cartel Office chief Andreas Mundt says the organization is investigating Amazon and Apple's dealings in Germany. The investigation will center around Amazon's Audible selling audiobooks to Apple's iTunes. According to complaints filed earlier by German booksellers, Amazon, Audible and iTunes control 90 percent of the audiobooks market in Germany. The agreement between the companies will be at the center of the investigation.

Note: This is a one cup of tea post.

To read the post, tootle over to Apple Amazon Audiobooks