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Originally Posted by fjtorres
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I think Nate overlooked this bit:
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There is some risk for Amazon if its customers get frustrated that they can't find certain titles and look elsewhere. But Mr. Grandinetti said the company has been down this road before. He noted that in early 2010 Amazon briefly stopped selling books published by Macmillan. At the time, the publisher told Amazon it intended to move to the "agency" pricing model in which publishers set the retail price of their digital books, from the wholesale model, in which retailers set the retail price. Amazon opposed the switch, because it prevented it from discounting titles.
"We were fighting for what we thought was right for consumers, and the same is true here," said Mr. Grandinetti.
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IMHO, that direct comparison is a reasonably subtle way for Grandinetti to say "The holdup is about agency...we don't want it because we want to keep customers' prices as low as possible."