Quote:
Originally Posted by elcreative
And I'm sure that if you can implement the use of an existing model with branding, support and stocks etc for a mill then why not prepare a detailed business plan and send it in to Daunt... if it's so good for a mere million then I'm sure he'll be totally impressed with your business skills and not only put your plan into force but offer you a job as a senior exec as well...
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You probably just forgot to add the

that are usually attached to your posts that you consider as being hilarious. Guess what, poor strategic decisions aren't a rare thing in the business world. However, if going with the Kindle is supposed to give a quick boost to the balance sheet so that the current investor can sell Waterstones off to the next investor at a premium, then the decision may make sense...
Quote:
Originally Posted by ProfCrash
Outside of the US, Sonys are still too expensive. I keep seeing people post that they bought a Kobo because they did not want to pay the extra 50 pounds to buy a Sony. At some point in time, Sony will learn this lesson. Unfortunetly it will be far too late.
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No, they aren't. The Kindle Touch costs 129 € while the Sony usually costs 139 - 149 €. The Kobo undercuts both at 99 € but the Kobo's price drop is very recent.
Quote:
Originally Posted by fjtorres
Waterstone's and Amazon aren't cartel-ing: they are cooperating in digital while still competing in print. (It's called coopetition.)
That is perfectly legal in most jurisdictions.
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Well, perhaps you are well versed in competition law. However, as far as I am informed this is usually not legal if the cooperation leads to dominance in the market where the companies cooperate. After all, using your very argument the agency 6 agreement should be perfectly legal as well.