Quote:
Originally Posted by HarryT
So Hachette are whining about the fact that Amazon are refusing to discount books out of their cut of the retail price? My heart bleeds for the poor dears. How obvious it is now that Amazon are acting in an evil manner!
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Well, it is pretty evil. You make sure you are big enough. Then you discount books to get the customers used to that price. Then you demand that the provider of the books lower there prices and when they do not do it they rise the prices that hurts the authors most. And they can do that because they are so big.
So from my point of view typically evil behaviour. You are using an imbalance in the market that give you the mean to eliminate all competition and when they are gone you can raise the price.