Quote:
Originally Posted by fjtorres
Their market share dropped 45% from 2009 to early 2010. Then Agency and near-cost ereader pricing came in and the smaller Adept stores were squeezed out. (A matter currently in court. What is being litigated is the extent of the damage, not that the damage happened.)
Without viable alternatives to the walled gardens, interoperable epub faded into near irrelevance and without interoperable epub the generic readers faded.
Pretty straight line and fully documented causality chain.
Price fixing favors the large entrenched players and that is exactly what Agency did. Under Agency Amazon rebounded from 54% of a small but growing market to 67% of a much bigger market. It stayed thereabouts until Agency part Deux and now it is growing again.
With enemies like those they hardly need friends.
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And yet a recent industry insider report states Amazon wants to keep agency pricing.
http://www.teleread.com/amazon-ask-agency-pricing-back/