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Originally Posted by Robotech_Master
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Well, that was rambling. He certainly is a qualified lawyer, but he spends a lot of time simply re-interpreting facts to fit his opinion. In this trial, Cote is the finder of facts. The appeals court is likely to tread very lightly there.
Also, Manne says a lot of questionable things such as:
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“While the court claims that the publishers’ concern with Amazon’s $9.99 pricing was its effect on physical book sales, it is extremely hard to believe that somehow $12.99 for the electronic version of a $30 (or, often, even more expensive) physical book would be significantly less damaging to physical book sales.”
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Not only is that just his opinion (vs. Cote's) ... but I think it is weak. How often did people ever pay $30+ for hardcover books back then? I rarely did. Hardbacks were discounted back then. It was most likely roughly $15 or so. So, it's not a matter of 12.99 vs. $30 but rather $12.99 vs. $15 or thereabouts. Which makes it much more plausible that a rise in ebook prices would protect the sale of hardcovers. It's a plausible reason for the publishers to have agreed to agency pricing.
--Pat