Last month, the Court of Justice of the European Union put forward a ruling that libraries may lend ebooks just like physical books so long as authors are paid for their work. It appears that until now libraries in the EU did not have the right to lend ebooks the way libraries in America have for quite some time.
Publishers, of course, are quite unhappy with the decision because they will lose some money. However, the apocalyptic rhetoric coming from publishers is obviously overblown. If publishers have been able to make ebook lending work in America, they can certainly do so in the EU. Additionally, the idea that they find this decision shocking is ludicrous. Back in June, the advocate general for the court published an opinion on this case so publishers had five months to prepare for the court’s ruling.