View Single Post
Old 12-31-2012, 11:46 PM   #11
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 7,735
Karma: 59506073
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
Quote:
Originally Posted by HarryT View Post
In what way do you think it differs from the position in the UK? I would not have said, personally, that the UK had any less open a publishing market, or less of a culture of reading than the US.
Book price fixing is apparently (somewhat) more acceptable in the UK and definitely so on the continent.
Looking at the settlements over the conspiracy, the Gang of 6 got off without even a fine over there. They simply promised not to do it anymore and all is suddenly just fine. No restitution to consumers, no punishment. And no monitoring of BPH contracts or accounting.
That portends a less competitive environment moving forward.

Based on that alone I would expect the mergers to sail through uncontested.

Last edited by fjtorres; 12-31-2012 at 11:51 PM.
fjtorres is offline   Reply With Quote