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Originally Posted by stonetools
Im sorry but there's more to it than that. According to a recent supreme court opinion a manufacturer can set minimum Prices for its goods under a doctrine called resale Price Maintainence . The court may just find that a group of manufacturers can do the same thing under certain conditions. In my view the publishers and other booksellers feel very strongly about stopping Amazon from monopolizing the retail market. Some may feel strongly enough that they may want to go all the way to the supreme court. I think the DoJ leaked this because they wanted to drive relcalitrant parties to the bargaining table. If that doesn't w
Work you might see a supreme court case and an extension of the resale price Maintainence doctrine
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In this case, I don't think it is resale price maintenance since in agency pricing the retailer doesn't buy the book and resell it....they sell it on behalf of the publishers and take a 30% fee. I think this is the case. Agency pricing is perfectly legal I believe but in this case it is considered price fixing, perhaps, because all the major publishers changed to it at the same time via Apple.