rhadin and pwalker. What the BWM publishers attempted with their price-fixing cartel went well beyond setting their own prices. What they tried to do is eliminate competition by themselves taking control of the retail market. Amongst other reasons they wanted to stop Amazon discounting their books. To reverse your argument, surely Amazon as a wholesaler, having purchased the ownership of the books concerned, is the one entitled to set the price at which they sell their property. What the BWM publishers were trying to do was eliminate competition, having experienced it for the first time in I don't know how long and not finding it much to their liking.
|