Quote:
Originally Posted by rhadin
Neglected in that argument is the question of whether a producer should be able to set the terms under which a retailer can sell the producer's product; that is, should the producer be able to say "if you want to sell my products, it must be on an agency basis"? If we agree that a producer should have that right, then we should also be able to agree that the retailer should be able to choose not to sell the producer's products and a producer should be able to choose to not sell to a retailer.
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Those 3 questions are irrelevant. Because their answer is yes, yes, and yes. The problem for Hachette is that they drew the short straw. They have to renegotiate first with Apple soon, independently. Apparently they want to keep agency pricing. To keep agency pricing they have to do so on Amazons terms, not theirs. And who is to say that the other publishers are not going to laugh their behinds off and take the better deal with abandoning the agency pricing. They could single handedly cut Hachette out of the herd. And why shouldn't they?
Like you said, let the market work it out.