Quote:
Originally Posted by stumped
So, if that is true, then where the retail price is unchanged, Amazon is pocketing 30% of what was the vat, and publisher is pocketing the other 70%. Or to put it another way, they are keeping the 20% that previously went to the govt. Which the govt intended to give back to the public as a price reduction.
If so, they are both morally repugnant.
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The retailers like Amazon and Kobo have no say in this whatsoever, for agency ebooks. They are selling at the price the publishers have set. There is nothing else they can do.