Quote:
Originally Posted by stonetools
Because if there is a dominant retailer ( Amazon), the retailer can say, "Screw your $14.99 offer. Sell me your books at $9.99 or below, or lose 80% of your sales" .
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That isn't what was happening. Amazon was buying wholesale from the publishers and then selling their hardcover priced ebooks at trade paperback prices. Amazon was actually taking a loss on the most popular books. The publishers were getting the same price no matter what price Amazon sold them for.
Then Apple got involved, and Apple did not want to sell popular ebooks for $9.99, so they colluded with the BPH to force Amazon to sell books at a higher price or have no bestsellers.
Which was illegal, period.