Quote:
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Rather than selling e-books wholesale, according to the newsletter, publishers are attempting to negotiate a deal in which they retain ownership of the titles and license Apple to distribute them on a commission basis. Distributors would pay only for the books they “sold” at a fixed rate independent of the retail price.
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This is from
Globe and Mail and the way I read it is that this is how MacMillan is doing an end run around "price fixing" by turning retailers into distributors.