Not quite. Book and ebook prices are set by greedy publishing companies such as Hatchette and Random House and their local distributor middlemen.
Hatchette is Australian for rip-off
AFACT, a special interest entertainment industry front end controlled by MPAA and the US TV industry is locked in combat with iiNET, they lost the civil suit and have kept appealing until they have reached the highest court in Australia.
Word is that they are going to lose that as well. Especially as some damning cables exposed by Wikileaks have surfaced, outlining the whole sordid affair was a MPAA test case picking on a soft target (that target proved a far tougher nut to crack)