Quote:
Originally Posted by kjk
But Agency Pricing could also have derailed the eBook Market growth before it really got going. In fact, that was predicted by many when it first was announced over a year ago, when everyone except Random House made the switch.
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Well, it could have-but it didn't. The publishers were correct that consumers were willing to pay higher prices for ebooks, and that Amazon was under-pricing the major bestsellers, for its own purposes. (Of course, most MR folks reject that conclusion, but the proof of the pudding is the rapid rise of ebook sales).