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Apple and Amazon End Decade-long Audiobook Exclusivity Deal
By: The Verge
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Apple and Amazon have agreed to end an exclusivity agreement that made Audible the only seller of audiobooks inside of iTunes.

The agreement had been in place for over a decade, since 2003, but came to an end earlier this month following complaints from German publishers and investigations by European antitrust regulators, who were concerned that the agreement was stifling competition and raising prices.

Regulators began investigating in late 2015. It appears all investigations are being suspended in light of the companies’ decisions to end the exclusivity agreement.

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This article was published on The Verge. A link to the original article can be found after the post.
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