CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Amazon, Microsoft, Yahoo fight Google Books

Three Google rivals join in opposition to the search giant's settlement with authors and publishers that let it sell books online.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
By David Goldman, CNNMoney.com staff writer

google_books.03.jpg
When do you plan to retire?
  • Before age 65
  • At age 65
  • After 65
  • Never

NEW YORK (CNNMoney.com) -- Three of Google's biggest online rivals have joined the fight against a court settlement that would give Google the rights to sell millions of books on the Internet.

Microsoft (MSFT, Fortune 500) confirmed Friday that it has agreed to join a coalition opposing the Google deal. Amazon (AMZN, Fortune 500) and Yahoo (YHOO, Fortune 500) have also joined, according to published reports.

The coalition, called the Open Book Alliance, opposes a settlement reached last October between Google, the Association of American Publishers and the Authors Guild. The settlement would allow Google (GOOG, Fortune 500) to display portions of books online and sell digital copies of them.

A court will review the agreement for approval on Oct. 7. The coalition said it is considering whether it will file a challenge to the settlement with the court.

"We've been having a range of conversations with rather diverse organizations that have interest in speaking together to articulate concerns about the settlement," said Peter Brantley, director of the Internet Archive and spokesman for the Open Book Alliance. "We'll raise the possibility of ways that the settlement may be changed or altered to create a more open market for books."

Google's online book initiative, called Google Books, has cataloged 1 million public domain books with expired copyrights. The tech giant's settlement was reached after the publishers and authors associations sued Google for copyright infringement in late 2005 over the company's plans to scan and copy millions of books from library collections -- many of which are still under copyright.

The settlement would give authors and publishers $45 million whose copyrighted books are scanned without permission.

The Justice Department's antitrust unit announced in April that it is looking into the settlement.

In addition to the three big companies that plan to join the coalition, the opposition group is made up of the nonprofit group Internet Archive and various library associations from across the country.

Requests for comment from Yahoo and a coalition representative were not immediately returned. Amazon, which makes the popular Kindle e-reader, and sells digital books on its online store, declined to comment.

A formal announcement from the group is expected next week. To top of page

Features
Markets Last Change
Dow Jones 10,520.10 53.66 / 0.51%
Nasdaq 2,285.69 16.05 / 0.71%
S&P 500 1,126.48 5.89 / 0.53%
10-year Bond 96 15/32 Yield: 3.80%
U.S.Dollar 1 euro = $1.440 0.003
December 24, 2009 12:00 AM ET
CompanyPrice% Change
YRC Worldwide Inc 1.01 6.23%
Freddie Mac 1.26 -3.82%
US Airways Group Inc 5.35 3.50%
Allegheny Technologies Inc 45.68 3.30%
Dec 24 12:43pm ET †
More Galleries
Biggest losers: Where Americans aren't moving Through most of the decade Florida was one of the fastest growing states. But the sunny clime -- and 6 others -- lost more residents than they gained in the year ended July 1. More
8 hot cars: Class of 2000 In just 10 years, the market's changed a lot when it comes to cars. Where are these models now? The Prius became a hit; the Aztek got killed. More
Obama's Main Street favorites President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Sponsors

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.