Kobo Obtains Stay of Ebooks Settlement
The ebooks settlement reached between the Competition Bureau and four major ebook publishers has been stayed pending the determination of a challenge brought by ebook retailer Kobo Inc. to the settlement. Kobo argues that its contracts with the four publishers, Hachette Book Group, HarperCollins, Macmillan, and Simon & Schuster, will be fundamentally altered or terminated because of the settlement, and that it will lose money. Kobo claims that a similar settlement in the US led it to close a US office and refocus on other markets. Kobo claims that it also led another ebook company, Sony, to exit the market, ... [more]
Canada’s Foreign Anti-Bribery Law
Canada’s foreign anti-bribery law, the Corruption of Foreign Public Officials Act (CFPOA), makes it a serious criminal offence for Canadians and Canadian companies to bribe foreign government officials. Canadian companies that operate abroad and foreign companies that employ Canadians need to be aware of this law. [more]
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