The offer, if accepted, would hold good for two years. The parties have also offered to suspend “most favoured nation” clauses for five years.
The publishers – Macmillan, Simon & Schuster, HarperCollins, the Hachette Book Group – made the offer last month, but it’s been disclosed by the European Commission today.
More:
http://www.theregister.co.uk/2012/09/19/eu_ebooks_antitrust_offer/