The deal was signed before 2008 when Amazon bought audio book supplier Audible, which had the Apple iBooks contract.
The terms of the agreement meant Audible could not offer audio books to any other company and Apple had to take audio books only from Audible according to the BBC
“With the deletion of the exclusivity agreement, Apple will now have the opportunity to purchase digital audiobooks from other suppliers,” Andreas Mundt, president of Germany’s antitrust agency, said in a statement. “This will enable a wider range of offer and lower prices for consumers.”
Audible has dominated the audiobook market for years now. And with iTunes being one of the key places that consumers go to buy audiobooks, the agreement could have put serious limitations on the industry. Publishers either had to go through Audible, or miss out on a major storefront. They’ll now be able to go directly to Apple for distribution. Read More