Google e-Book bid under Controversies
January 30, 2010 |12:43 | By : Team X
Internet giant, Google is still running under controversies over its bid to secure digital rights to millions of books. Its rivals want to block a revised legal settlement that would unlock a vast e-library. Google's $125 million (£77.5 million) tie-up with US publishers and authors would put a stop to the competition and drive up prices in the upcoming electronic book market.
The opponents also urged that the e-books will give Google a chance to create more traffic and develop its leadership in the Internet’s lucrative search and advertising market. Google defies the critics and argues that the agreement will benefit society by making it easier to see and potentially buy hard-to-find books that have only been available in print in a few of libraries.
The final hearing of this case will be held on February 18. The Department of Justice warned the original settlement probably would violate anti-trust and copyright laws so the government should file its opinion about the revised settlement by February 4.
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