Quote:
Originally Posted by Elfwreck
How has the agency model increased competition?
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It means that it puts even the smallest bookshop on an even keel with the big players on price terms. The same argument is used for fixed pricing for books in many European countries, and there is some truth in it. Fixed pricing for books was abolished in the UK in 1997. Since then, and as a direct result, the overwhelming majority of small independent booksellers have gone out of business.