Quote:
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publishers have worked out agreement with Apple to switch from a “wholesale” model to an “agency” model for ebook sales
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Not exactly a major revelation, is it? Apple
does not do discounting, it's a fundamental part of their corporate philosophy. Even their 'Black Friday' sales are miserly, with cuts of well under 10% for a single day.
Apple would only ever get into the ebook business on an agency model. This is hardly 'working out an agreement', it's the only offer on the table.
If you want an idea of what publisher-led pricing looks like in practice, do a google for 'Net Book Agreement'.