Quote:
Originally Posted by guyanonymous
Fair enough - perhaps if they provided a precise timeline for price-reductions, I might give them more benefit of the doubt.
The whole situation that has been created - Apple/the three publishers that have signed on strikes me as price-fixing and collusion and on principal it pisses me off. That's my bias and I admit it.
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I guess the real question is-do you trust the market to correct itself?
Publishers claim that with Amazon's fixed price, the business was not sustainable. If Publishers, who are now getting their way, can't successfully sell at the prices THEY set, then again, the business will not be sustainable. So Publishers will have to adjust prices, or, go out of business.
I actually understand Amazon's strategy-it is right from Apple's playbook: People aren't used to buying digital music, so let's set the price at one easy to remember, easy to swallow price, and set expectations. Then, once the market matures, you have more flexibility.
I guess a lot of people's worries are that the eBook market is too immature for such a change...after all, Apple held pricing at .99 for 6 years. Amazon has held 9.99 for just over 2 years.