Quote:
Originally Posted by fjtorres
This particular trick is exactly what Harlequin did to a lot of their authors: they set up a wholly owned subsidiary to buy manuscripts that it then licensed (dirt cheap) to its parent company so they didn't pay royalties on the sale price but on the artificially low license payout. The practice is called self-dealing and is usually but not always illegal.
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Should be illegal in this have-your-cake-and-eat-it-too (aka, screw both authors and readers) scenario. If it isn't, then I hope this legal action achieves its desired outcome.