Quote:
Originally Posted by DMcCunney
Quote:
Originally Posted by murraypaul
Quote:
Originally Posted by DMcCunney
The publishers in this case aren't not allowing discounts. They are changing the terms on which they do business with retailers. The retailer can still offer a discount, but they have a lower margin to play with, and can't offer discounts as deep and make money.
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Isn't that exactly what the Agency agreement is, a requirement that the price is fixed by the publisher and not lowered by the retailer?
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Yes. Like I said, the discount may go away because the retailer chooses to stop offering it, or because the producer of the products the retailer sales makes it impossible to offer it.
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So you were completely wrong in your original quote, where you said that the retailer
could still offer a discount?