Ebook Prices Could Drop Under Competition Bureau Pact

The Competition Bureau says it has struck a deal with four publishers that should lower the price of e-books for Canadian consumers.

The federal agency has struck a deal with Hachette Book Group, HarperCollins, Macmillan and Simon & Schuster that will "allow retailers to discount e-books published by four of Canada's largest e-book publishers," it said in an email in response to queries by CBC News.

The publishers will also eliminate what is known as "most-favoured-nation" clauses in their agreements, which links the price, cost or commission of e-books sold at one retailer