02-08-2013, 11:19 AM | #1 | |
The Dank Side of the Moon
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Macmillan Settles
Quote:
Last edited by kennyc; 02-08-2013 at 11:25 AM. |
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02-08-2013, 11:22 AM | #2 |
Aging Positronic Brain
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Well, I never thought they would settle. Hmmm
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02-08-2013, 11:24 AM | #3 |
The Dank Side of the Moon
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Just Apple left hanging on the tree....
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02-08-2013, 11:30 AM | #4 |
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02-08-2013, 11:33 AM | #5 |
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So they promise not to do it again, that's it?
No wonder they settled. |
02-08-2013, 11:34 AM | #6 | |
The Dank Side of the Moon
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Quote:
yet he settled... |
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02-08-2013, 11:37 AM | #7 |
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Well, in his world the sky is pink and cotton candy hangs from the tree in his yard.
The sense of entitlement of corporations is only equalled by the sense of entitlement of consumers. |
02-08-2013, 11:38 AM | #8 |
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02-08-2013, 11:43 AM | #9 | |
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Quote:
(In this case it isn't, but in general.) If the potential losses are high enough, even a very small percentage chance of losing might be too high to risk. In reality, it doesn't seem like settling loses them much, as they have realised that they can't survive as the only publisher selling books at a higher price than everybody else, so even if they won in court, what would it actually get them? Agency pricing only worked when everybody did it, it makes no sense to do it all on your own. (That is why they conspired to do it together!) Last edited by murraypaul; 02-08-2013 at 11:45 AM. |
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02-08-2013, 11:44 AM | #10 |
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02-08-2013, 11:45 AM | #11 |
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02-08-2013, 12:00 PM | #12 |
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And as he mentioned in his statement, MacMillan would have been responsible to pay the triple damages if they lost. I guess I'm surprised they managed to hang on this long.
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02-08-2013, 12:50 PM | #13 |
Aging Positronic Brain
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Any bets on Apple settling?
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02-08-2013, 12:52 PM | #14 |
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02-08-2013, 01:20 PM | #15 |
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It took 10 months for him to get an estimate of the maximum possible damage figure? Yeh right! That's about as credible as anything else Sargent says.
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