UK Bookstore deal has U.K. authors up in arms

One From International Herald Tribune says according to some British authors, the combination of the Waterstone’s and Ottakar’s chains could mark a turning point in the war between commerce and culture.
Using language that British historians normally use to describe the flanking maneuvers of German panzer divisions, he and other leading authors and publishers are urging British regulators to forward the deal, valued at around £100 million, or $177 million, to the European Commission’s antitrust police for scrutiny. If that happens, HMV Group, which owns Waterstone’s, has said it would abandon its plan to buy Ottakar’s.

See also: Book trade faces a grim new chapter

October 17, 2005 by Uncategorized 0

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