Quote:
Originally Posted by darryl
Amazon was engaging in legal price competition, a concept then largely foreign to the Industry. Apple and the Publishers concerned were engaging in illegal collusion.
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Yes, loss leaders are legal. But contrary to some others here who pound the tables and scream that any practice that doesn't result in them getting cheap eBooks is illegal, that's not the argument. The argument is that Amazon's attempt at gutting the publishers' business model was a shot across the bow that the publishers couldn't ignore and the response was going to be either agency pricing or time windowing the release of eBooks. If Amazon had been willing to negotiate in good faith, perhaps they could have reached a compromise, but Amazon was using the Walmart business model which is to strong arm the suppliers whenever they could get away with it.