View Single Post
Old 04-12-2012, 02:06 PM   #201
ProfCrash
Tea Enthusiast
ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.ProfCrash ought to be getting tired of karma fortunes by now.
 
ProfCrash's Avatar
 
Posts: 8,554
Karma: 75384937
Join Date: Jul 2010
Location: Somewhere in the USA
Device: Kindle1, Kindle DX Graphite, K3 3G, IPad 3, PW2
Quote:
Originally Posted by treadlightly View Post
I'm curious - what is stopping Amazon from lowering prices today? It doesn't seem like the BPHs could take any action to prevent them from doing so.
I am sure that there are legal and PR reasons for holding off. There is another topic discussing how the Big 6 have refused to renew contracts with Amazon and that books are being sold based on the expired contracts.

I would imagine that Amazon knows that it needs to wait for the settlement to be agreed to and then enter into appropriate negotiations. I am sure they want to avoid anything that the Publishers could use to make them look the bad guys.

Keep in mind, this also effects BN, Kobo, Sony, and Apple. Amazon has been the focus only because Amazon was the reason for the collusion (hey, three Publishers have settled meaning that they are admiting on some level that they colluded). But BN will be dropping prices and Kobo fans shoud be thrilled because this should improve the value of those coupons and discounts.
ProfCrash is offline   Reply With Quote