Quote:
Originally Posted by Phogg
Bezos is mentioned in the post to which I was responding. I wasn't responding to the original post.
That is why I quoted it.
The big publishing houses are insuring competition among ebook distributors in the same way frustrated tenement residents get their plumbing problems fixed by pounding on the pipes with an axe. As I pointed out in the post you only quoted part of, the attempted price fixing with Apple damaged both Fictionwise and Feedbooks. Both of those were stores I frequented.
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Once again, Apple was not accused of fixing prices. Agency pricing does not equal price fixing. I rather doubt that Fictionwise or Feedbooks was damaged by Agency pricing. They would have been more damaged by allowing Amazon to continue to sell ebooks at below cost. Amazon has a much, much deeper pocket than either Fictionwise or Feedbooks and thus could afford to sell below cost for as long as they needed to in order to keep market share. Fictionwise was bought by B&N in 2009. Apple didn't beome involved in ebook until _after_ B&N bought fictionwise.