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Originally Posted by pwalker8
And with that sentence, you basically prove the publishers' case for agency pricing.
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It proves the publishers are hypocrites for not instituting agency pricing for hardcovers.
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The current contract battle between Amazon and Hatchette, where Amazon is basically saying the publishers need to cut their price so Amazon can sell those ebooks at a discount and still make a profit, is the expected result of Amazon setting the price point.
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Nothing new there. That's typical whenever strong players negotiate.