Quote:
Originally Posted by rhadin
Walmart has a low price culture because it has major competitors in Costco and Target, among others. Who would be Amazon's major competitor?
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No one... since agency pricing quite effectively put the final nail in the coffin of any small or medium-sized ebook retailers who might have stood a chance at garnering even the smallest
sliver of the ebook pie.
I find it amusing that a pricing plan devised to keep Amazon from "devaluing" print books helped kill any competition they might have had in the ebook market... not to mention forcing Amazon to make more of a profit at the same time.
In my eyes, agency pricing has hurt everyone
except Amazon.