I sent an email to Harlequin, asking why their ebooks ($8.02) cost more than the same title in paper format ($7.99). This is their reply:
Thank you for your inquiry and thank youfor your interest in our books and eBooks There are many reasons why eBooks can sometimes cost more than print, such as the cost of converting text files into eBook formats, or the simple fact that some sites are able to offer a deeper discount on certain titles. Most of our customers find that there are more benefits to buying eBooks than price alone, such as convenience, immediacy, and portability.
In other words, ebooks are an afterthought, so we add on the incremental cost to the pbook price. And you like ebooks, so we can charge more.
Oh well. What did I expect - actual logic?