Originally Posted by pilotbob
Also, the article states the often wrong information that Amazon "caps" ebooks at $9.99. This is flat out wrong. Amazon never said this. I should go add that to the myths and partial truths thread.
Actually, the author of the blog doesn't state that at all. What he says is, "Amazon has strongly prescribed a $9.99 cap for books carried on the Kindle." Which means that Amazon has strongly suggested a $9.99 price cap, not that Amazon caps the price at $9.99. The author then goes on to say that 30% of the ebooks Amazon has for sale are over that $9.99 mark.