Quote:
Originally Posted by Xianxia
Agency pricing is both good and bad for Amazon.
Good: 30% cut since it's mandatory
Bad: Higher ebook prices = not happy Amazon customers = losing market share since some ebook buyers now buy prints instead at brick and mortar stores when before they buy on Amazon.
Amazon fought Hachette in 2014-2015 (lot of articles about it). Amazon lost since Hachette got what they wanted which is agency pricing.
After that, other publishers follow suit.
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How did Amazon lose?
They still sell those books.
The companies came to an agreement.
Amazon now puts on every big 5 ebook "the price was set by the publisher".
That is in the price box.
A lose would have been if the Big 5 had pulled their books.