Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 08-09-2011, 05:53 PM   #1
CRussel
Wizard
CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.
 
CRussel's Avatar
 
Posts: 4,508
Karma: 30261070
Join Date: Jul 2010
Location: Sunshine Coast, BC
Device: Kindle PW, Fire HDX 8.9, Fire HD8.9, Fire 7HD, Surface 2
Apple + Agency Pubs Colluded on Price?

A class-action lawsuit has been filed in Federal District Court in Northern California today, alleging that Apple and five book publishers (HarperCollins, Hachette, Macmillan, Penguin and Simon&Schuster) colluded on book prices in order to force Amazon to "abandon its pro-consuer discount pricing."

Certainly unproven at this point, but I'll be interested to see where all this goes.
CRussel is offline   Reply With Quote
Old 08-09-2011, 05:59 PM   #2
JeremyR
Guru
JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.JeremyR ought to be getting tired of karma fortunes by now.
 
JeremyR's Avatar
 
Posts: 969
Karma: 2458216
Join Date: Aug 2010
Location: St. Louis
Device: Kindle Keyboard, Nook HD+
Isn't that basically what agency pricing is? Colluding to fix their prices?

That said, all this lawsuit will accomplish is lawyers getting a lot of money, with consumers getting a coupon worth $2 towards a $12.99 e-book purchase....
JeremyR is offline   Reply With Quote
Old 08-09-2011, 06:01 PM   #3
CRussel
Wizard
CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.CRussel ought to be getting tired of karma fortunes by now.
 
CRussel's Avatar
 
Posts: 4,508
Karma: 30261070
Join Date: Jul 2010
Location: Sunshine Coast, BC
Device: Kindle PW, Fire HDX 8.9, Fire HD8.9, Fire 7HD, Surface 2
Well, if I get a coupon for $2 for every eBook I've bought, that might buy a few.

Seriously, if it only stopped them doing it in the future I'd be happy.
CRussel is offline   Reply With Quote
Old 08-09-2011, 07:31 PM   #4
Arrghus
Zealot
Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!
 
Arrghus's Avatar
 
Posts: 129
Karma: 5002
Join Date: Jul 2011
Location: Cornwall, UK
Device: Nook STG; Sony PRS-350
Unfortunately, some companies can afford to take the 'hit', or fine. Unilever and Proctor and Gamble were recently fined for price fixing by the EU. They are both massive companies who will have already paid their fines in profits generated from such collusions. And there is no mention of any compensation for the customer.

I think it's unlikely there will be any in this case, too.

However, this case is somewhat different, as publicly we know that Amazon has its eBook prices set by these publishers, whereas it was unknown in the case of Unilever and P&G as they 'merely' set the wholesale price, and not the retail price. This could lead to the abandonment of publisher set prices, but what worries me is that this could simply lead to the publishers just setting the wholesale price higher instead. Amazon and its ilk might then have to offer books at a loss in order to offer a discount, thus there might be little change for the consumer.
Arrghus is offline   Reply With Quote
Old 08-09-2011, 08:18 PM   #5
RainingLemur
Spork Connoisseur
RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.RainingLemur ought to be getting tired of karma fortunes by now.
 
RainingLemur's Avatar
 
Posts: 2,358
Karma: 16780603
Join Date: Mar 2011
Device: Nook Color
Quote:
Originally Posted by CRussel View Post
A class-action lawsuit has been filed in Federal District Court in Northern California today, alleging that Apple and five book publishers (HarperCollins, Hachette, Macmillan, Penguin and Simon&Schuster) colluded on book prices in order to force Amazon to "abandon its pro-consuer discount pricing."

Certainly unproven at this point, but I'll be interested to see where all this goes.
I'd like to see just how the allegations could be proven.
RainingLemur is offline   Reply With Quote
Old 08-09-2011, 08:23 PM   #6
Arrghus
Zealot
Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!Arrghus , Klaatu Barada Niktu!
 
Arrghus's Avatar
 
Posts: 129
Karma: 5002
Join Date: Jul 2011
Location: Cornwall, UK
Device: Nook STG; Sony PRS-350
Quote:
Originally Posted by RainingLemur View Post
I'd like to see just how the allegations could be proven.
If it became a criminal investigation, surely they would be looking at e-mails, letters, and other forms of communication between these companies to see if any collusion actually took place?
Arrghus is offline   Reply With Quote
Old 08-09-2011, 08:46 PM   #7
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: 7,450
Karma: 58178065
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
That suit's not going anywhere; they filed in Apple's backyard.
Should've filed in east texas.
fjtorres is offline   Reply With Quote
Old 08-09-2011, 08:47 PM   #8
kjk
.
kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.kjk ought to be getting tired of karma fortunes by now.
 
Posts: 3,408
Karma: 5647231
Join Date: Oct 2008
Device: never enough
Quote:
Originally Posted by Arrghus View Post
If it became a criminal investigation, surely they would be looking at e-mails, letters, and other forms of communication between these companies to see if any collusion actually took place?
A class-action lawsuit is a bit different-anyone can bring one.

The real story would be if the Justice Department anti-trust department investigates-something like that could bring real change.
kjk is offline   Reply With Quote
Old 08-09-2011, 10:29 PM   #9
FizzyWater
You kids get off my lawn!
FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.
 
FizzyWater's Avatar
 
Posts: 2,891
Karma: 5613301
Join Date: Aug 2007
Location: Columbus, Ohio
Device: Dell Axim, PRS350/650, Nook Glow, PB Touch Lux 623
Quote:
“As a result of the pricing conspiracy, prices of e-books have exploded, jumping as much as 50 percent. When an e-book version of a best-seller costs close to – or even more than – its hard-copy counterpart, it doesn’t take a forensic economist to see that this is evidence of market manipulation.”
I hate Agency pricing, but I haven't noticed overpriced "hardback" books. Even though they been priced higher than the previous 9.99 "sweet-spot", I haven't noticed pricing on ebooks with only hardback equivalents to be priced more than the print books...even when some offer the hardbacks on sale.

It's the paperback book pricing that drives me batty.
FizzyWater is offline   Reply With Quote
Old 08-09-2011, 11:01 PM   #10
wyndslash
Wizard
wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.wyndslash ought to be getting tired of karma fortunes by now.
 
wyndslash's Avatar
 
Posts: 2,949
Karma: 3000001
Join Date: Feb 2011
Device: Kindle 3 wifi, Kindle Fire
someone in the forum once mentioned that amazon's previous 9.99 pricing was proving to be more beneficial than agency pricing, in that people are more irked at the starting higher prices and demand lower prices, bringing up the topic of the "worth" of an ebook and now we're seeing publishers (in the discounts forum) discounting as low as 0.99, as opposed to that starting "sweet spot" 9.99. i think it went something like that, haha xP
wyndslash is offline   Reply With Quote
Old 08-10-2011, 01:05 AM   #11
phenomshel
ZCD BombShel
phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.phenomshel ought to be getting tired of karma fortunes by now.
 
phenomshel's Avatar
 
Posts: 4,692
Karma: 6075874
Join Date: Jan 2009
Location: The Frozen North (aka Illinois, USA)
Device: Samsung Galaxy Note 8
I was just coming here to post this.
phenomshel is offline   Reply With Quote
Old 08-10-2011, 01:06 AM   #12
Dylrob
Murderous Mustela
Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.Dylrob ought to be getting tired of karma fortunes by now.
 
Dylrob's Avatar
 
Posts: 6,765
Karma: 15708532
Join Date: Oct 2006
Location: Where I do.
Device: iPhone 5c & Kindle Fire HD
What I find really suspicious is that that the percentage that the book sellers get under the agency model matches the percentage that Apple demands on in-app purchases. And that they would only recently enforce that percentage.

Last edited by Dylrob; 08-10-2011 at 01:12 AM.
Dylrob is offline   Reply With Quote
Old 08-10-2011, 01:10 AM   #13
carld
Wizard
carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.carld ought to be getting tired of karma fortunes by now.
 
Posts: 2,677
Karma: 3587319
Join Date: Dec 2007
Device: Kindle Fire HD, Kindle 3, Droid Razr Maxx HD
Quote:
Originally Posted by FizzyWater View Post
I haven't noticed pricing on ebooks with only hardback equivalents to be priced more than the print books
I've seen it with a number of books. It's insane that an ebook costs more than a hardback, but it definitely happens.
carld is offline   Reply With Quote
Old 08-10-2011, 01:57 AM   #14
FizzyWater
You kids get off my lawn!
FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.FizzyWater ought to be getting tired of karma fortunes by now.
 
FizzyWater's Avatar
 
Posts: 2,891
Karma: 5613301
Join Date: Aug 2007
Location: Columbus, Ohio
Device: Dell Axim, PRS350/650, Nook Glow, PB Touch Lux 623
Quote:
Originally Posted by carld View Post
I've seen it with a number of books. It's insane that an ebook costs more than a hardback, but it definitely happens.


Wow. Just. Wow.
FizzyWater is offline   Reply With Quote
Old 08-10-2011, 05:17 AM   #15
afa
The Forgotten
afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.afa ought to be getting tired of karma fortunes by now.
 
afa's Avatar
 
Posts: 1,136
Karma: 4689999
Join Date: Apr 2010
Location: Dubai
Device: NOOK Touch; NOOK Classic
Quote:
Originally Posted by FizzyWater View Post
I hate Agency pricing, but I haven't noticed overpriced "hardback" books.
As carld pointed out, it does happen. Pretty recently there were some examples of Amazon discounting hard-cover books to the point where their respective ebooks were more expensive. Whether this was a deliberate ploy to spite the Agency5 is debatable.

In any case, I think you misunderstood the passage. The quote you mentioned says "hard-copy", which merely means the physical, i.e. print, copy (as opposed to the digital format). This would include any print version, including paperback.

Not to be confused with 'hard-back' or 'hard-cover' prints.
afa is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
iFlow reader another casualty thanks to the Agency 5 and Apple egarbacz News 126 05-24-2011 05:45 AM
Is the Agency Model price fixing and subject to U.S. laws and treble damages? pwjone1 General Discussions 13 12-13-2010 12:01 PM
Amazon, Sony, B&N price comparison post agency model epustak Deals, Freebies, and Resources (No Self-Promotion) 1 08-22-2010 02:02 AM
Agency model, Apple and Amazon in the UK Ben Thornton News 24 08-19-2010 05:05 AM
Macmillan CEO John Sargent on the agency model, availability and price anurag News 67 03-04-2010 06:12 PM


All times are GMT -4. The time now is 03:12 PM.


MobileRead.com is a privately owned, operated and funded community.