@pwalker8. The existence of the price competition which you seem to claim didn't exist seems to me to be amply demonstrated by what happened when it was in fact removed by the price-fixing conspirators. Here is another passage from that inconvenient Court of Appeal decision:
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Based on data from February 2010 — just before the Publisher Defendants switched Amazon to agency pricing — to February 2011, an expert retained by the Justice Department observed that the weighted average price of the Publisher Defendants’ new releases increased by 24.2%, while bestsellers increased by 40.4%, and other ebooks increased by 27.5%, for a total weighted average ebook price increase of 23.9%.**Indeed, even Apple’s expert agreed, noting that, over a two‐year period, the Publisher Defendants increased their average prices for hardcovers, new releases, and other ebooks.
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