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Originally Posted by MGlitch
Yes what could be the harm in letting a company like Amazon set whatever prices they want on ebooks which they’re more than willing to take a loss on for an indefinite period of time while the few other ebook retailers can’t afford to do this.
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The competition includes Google and Apple. Not exactly short on funds themselves.
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I can not think of a single issue that would arise from this sort of arrangement.
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What makes books special snowflakes that can't be treated like any other good?
It applies just as much to shoes, or ketchup, or phones.
Whereas we know that fixed price arrangements lead to higher prices.
That is why they are almost always illegal, and why the eBook contracts are arranged as agency agreements, because otherwise it would be illegal price maintenance.