Word: agreement
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Dates: during 2000-2009
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Until now, the trust has steadfastly insisted it prefers to go it alone, even rejecting a $10.2 billion bid made jointly by Cadbury and Nestlé in 2002. It does, however, hold the rights to manufacture and distribute Cadbury's products in the U.S. through a 1988 licensing agreement, notes Kirk Saville, a Hershey spokesman...
...step in that direction with Google Books, a project that aims to digitize as many books as possible and make them available to the web-using public. The project proved controversial from the start, with U.S. publishers accusing the Internet giant of copyright infringement. Google eventually came to an agreement with them over the issue. But as a New York court tries to decide whether or not the agreement is legitimate, it's now Europe's turn to cry foul, with European publishers complaining the settlement is unfair...
...York district court. Presently, Google Books gives readers full access to books that are out of copyright - therefore, in the public domain - but shows only extracts of books that are still in copyright, alongside information on bookstores and libraries where you can find them. Should the court approve the agreement, Google will be able to offer users the option to purchase full digital access to books that are still in copyright but are out of print - turning itself, in effect, into a huge bookstore. As part of the settlement, Google pledged to pay $125 million compensation...
...agreement may have appeased U.S. publishers, but their counterparts in Europe, along with some European governments, are up in arms over it. More than half the books scanned and digitized by Google are not of American origin, but European books aren't expressly covered by the settlement. This has raised the fear that Google could sell books that are out of print in the U.S. but not elsewhere to U.S. users without paying European rights holders a penny. "It is clearly discriminatory towards E.U. rights holders," Anne Bergman of the European Federation of Publishers wrote to TIME...
...York district court has scheduled a fairness hearing for Oct. 7, in an attempt to decide, among other things, whether or not the Google Books agreement is anti-competitive. There has been a rush of last-minute filings, for and against the agreement, from rival companies, publishers, advocacy groups and even foreign governments, including Germany's (which opposes the agreement). Should Judge Denny Chin find against the settlement, the class action originally launched by the AAP and the Authors Guild would, in theory, continue. He could also decide against outright approval but still sketch out other possible solutions...