So how does eBook pricing work now? It looks to me like the publishers still get to set the sales price, and Amazon pays them 70% of that price. The only thing different is that Amazon is now able to sell the books at a discount (i.e. they can pass some of that 30% along to us). However, the settlement agreement in regards to eBook price restrictions only lasts for 2 years.
From
PC Mag article--
Quote:
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Under the DOJ deal, participating publishers must allow retailers like Barnes & Noble and Amazon to price e-books as they please. The publishers will be banned for two years from implementing e-book price restrictions, and prohibited for five years from sharing "competitively sensitive" information with rivals. They are also required to put in place a "strong antitrust compliance program."
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