UK Office of Fair Trading to investigate agency pricing

According to The Bookseller:

The Office of Fair Trading has launched an investigation into agency pricing, following a “significant” number of complaints.

The OFT said the investigation is “into whether arrangements that certain publishers have put in place with some retailers for the sale of e-books may breach competition rules”.

However, it added: “The investigation is at an early stage and it should not be assumed that the parties involved have breached competition law.”