E-book prices are sometimes mysteriously high—they can cost as much or even more than their print equivalents for popular titles. And now European regulators want to know why. Antitrust authorities at the EU raided several publishers today. Although they didn’t name the companies they went after, the WSJ is reporting that two French publishers—Albin Michel and Hachette Livre—experienced raids. Meanwhile, according to The Telegraph, Penguin and HarperCollins were not raided, but Harry Potter publisher Bloomsbury refused to say whether it had been raided.
In the UK, authorities have already opened a similar investigation.