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Old 12-28-2020, 04:00 PM   #87
JSWolf
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Quote:
Originally Posted by barryem View Post
The theory, at least, is that now it's being done without collusion, making it legal. I can't remember which publisher began it again. I think it was MacMillan but I'm not sure. They threatened to remove their books from Amazon if Amazon didn't agree to let them set prices. Amazon first said no but eventually gave in. It was only later that the others began to do it.

If there is a legal way to prevent agency pricing I'd sure be in favor of that. But I'm not sure there is. It does seem anti-competitive to me but I'm no lawyer.

Barry
It was Apple that convinced the other publishers into the illegal collusion. The problem was that the Justice Department allowed the collusion to continue with just a slap on the wrist. The best punishment for the publishers would have been to make them go back to the way eBooks were priced before Apple got involved. That would have been the perfect punishment.
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