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Originally Posted by JonathanH
Sure, it's near the bottom, in Section G:
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Even if an individual consumer was unhappy with the agency pricing of bestsellers, the existence of other options, including new competitive ones that have thrived since agency, means that harm cannot be ascribed to the decision to buy a $12.99 ebook. Were there no other options beside agency model ebooks priced above previous bestselling ebook prices, there might be a case for consumer harm, but the market dynamics have instead delivered clear price benefits to consumers.
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i.e. "it doesn't matter that we raised the price of the bestsellers, because we cut the price of some back list books, and lots of indie publishers started selling for 2.99, and you had the option to buy those instead". |
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Fungible: being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. --dictionary.com
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While the original argument may be a bit of a
, it isn't saying books are fungible. I read it more as saying, 'if you don't like our higher prices for the newer bestsellers, you have the option of buying our older stuff.' Which is certainly true. Not saying it is the same, just an option.