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Old 05-01-2020, 03:10 PM   #44
JSWolf
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Posts: 80,089
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Join Date: Nov 2006
Location: Roslindale, Massachusetts
Device: Kobo Libra 2, Kobo Aura H2O, PRS-650, PRS-T1, nook STR, PW3
Quote:
Originally Posted by stumped View Post
The contracts between Amazon and publishers set the minimum price that the retail customer must pay.

Think of it as price fixing, because it's a legal version of that.

Does not only apply to books. A company selling high end fashion, or hifi, will contractually force retailers not to discount below a set floor

So Amazon has agreed contractually to sell book X for ŁY.
Changes to vat do not affect that contract. If vat had gone up, to say 30%, Amazon could / should still have sold for ŁY, that's the deal they made.

I don't like it any more than you do. If you want to organise a no win no fee class action, sign me up
There is a solution to the problem. Buy from ebooks.com, strip the DRM and convert to KF8. In my case, I wouldn't have to covert.
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