Major Manufacturers Could Raise Printing Prices
Some of the printer industry's biggest manufacturers may raise their prices as a result of a new EU copyright agreement, it has been suggested.
Recently, the EU ruled that all printers that facilitate the reproduction of copyrighted works, by being connected to a computer, are liable for financial levies - a decision that was met with a mixed reaction across the industry.
It was made at the request of the German Court of Justice following a case brought by publisher VG Wort against HP, Xerox, Canon, Epson and Fujitsu on the issue of payments for its copyright works that their printers allow to be reproduced in private.
Now, because the possibility for all copyright holders to demand levies from printer companies has been opened, the potential costs to affected IT firms could force printing prices to rise significantly.
Speaking to V3, HP did not say whether this would lead to price rises, but refused to rule out such a move, adding: "We will continue to aim to protect our customers’ interests and the value we offer while diligently complying with European copyright framework."
Posted by Canzil Ahmed.