http://www.justice.gov/iso/opa/atr/s...ch-120423.html
Department of Justice antitrust chief, Sharis A. Pozen
Quote:
As outlined in our complaint, these companies conspired to end e-book retailers’ freedom to compete on price.
At the same time we filed our complaint, we reached a settlement that, if approved by the court, would resolve our challenge against Hachette, HarperCollins and Simon & Schuster, and would require those companies to grant retailers—such as Amazon and Barnes & Noble—the freedom to reduce prices on their e-book titles. At its heart, this case is about protecting competition, not competitors.
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with every retailers forcing to keep 30% mark up, there is no competition on prices.
The Witness by Nora Roberts
Penguin Publishing
Kindle: $14.99 (forced to keep 30%)
ibookstore: $14.99 (forced to keep 30%)
Nook: $14.99 (forced to keep 30%)
GooglePlay: $14.99 (forced to keep 30%)
The Innocent by David Baldacci
Hachette Book Group
Kindle: $14.99 (forced to keep 30%)
ibookstore: $14.99 (forced to keep 30%)
Nook: $14.99 (forced to keep 30%)
GooglePlay: $14.99 (forced to keep 30%)
If Amazon only want to take 10% (and pass the 20% mark up to the consumers in the form of lower prices), why did the publishers force Amazon to take the whole 30%?