Quote:
Originally Posted by DiapDealer
Please, please, please stop suggesting that Amazon was losing any money whatsoever on their ebooks when they were their in "$9.99 for some bestsellers" phase. It's false, misleading and, quite frankly, ignorant.
|
It's neither of any of those things.
From the ruling: After some weeks, Apple and several publishers devised a new model fore-book distribution. Amazon had been paying a wholesale price for each e-book,and reselling (often at a loss) for a retail price of its choosing. Apple’sdistribution contracts would adopt an agency system: publishers would set theretail prices of e-books sold through Apple’s platform and Apple would take afixed-percent commission on each sale
https://www.justice.gov/atr/case-doc...24326/download