U.S Regulators Keep An Eye On Google book deal
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- Gregsalter
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Anti-trust regulators in the U.S are set to investigate a $125m deal Google has made with book publishers to settle copyright issues.
This settlement with copyright holders and gives Google a share of online book sales and advertisements.
The deal "warrants further inquiry", US Deputy Assistant Attorney General William Cavanaugh stated in a letter filed to the New York District Court.
A number of people fear the deal would make Google the main source for online books.
"The US has reviewed public comments expressing concern that aspects of the settlement agreement may violate the Sherman [Anti-Trust] Act," Mr Cavanaugh claimed.
"At this preliminary stage, the US has reached no conclusions as to the merits of those concerns or more broadly what impact the settlement may have on competition," he added.
At the end of October 2008, Google reached a deal with the Authors Guild and the Association of American Publishers.
The search engine at the time agreed to pay $125m to create a Book Rights Registry, where authors and publishers could register works and receive compensations.
This settlement with copyright holders and gives Google a share of online book sales and advertisements.
The deal "warrants further inquiry", US Deputy Assistant Attorney General William Cavanaugh stated in a letter filed to the New York District Court.
A number of people fear the deal would make Google the main source for online books.
"The US has reviewed public comments expressing concern that aspects of the settlement agreement may violate the Sherman [Anti-Trust] Act," Mr Cavanaugh claimed.
"At this preliminary stage, the US has reached no conclusions as to the merits of those concerns or more broadly what impact the settlement may have on competition," he added.
At the end of October 2008, Google reached a deal with the Authors Guild and the Association of American Publishers.
The search engine at the time agreed to pay $125m to create a Book Rights Registry, where authors and publishers could register works and receive compensations.
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@michaelmoors on twitter says "Book Rights Registry could be a huge step forward for digital evolution, now under threat?"
- 3 years ago
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