Quote:
Originally Posted by pwalker8
Now, someone who hadn't totally bought in to the whole Apple/publisher bad, Amazon good narrative, who point out that Amazon was using their other businesses to sell ebooks at below cost, ...
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The courts have already decided on this case. It
was collusion, with the intent to raise eBooks prices. Even though Apple and the publishers lost (because of collusion), the publishers were allowed to return to agency pricing shortly afterwards (in theory)
independently of one another. So they effectively retained what they lost in court and the prices of eBooks stayed higher as a result — as Jobs promised they would in an email to the publishers.
Now some of these publishers are finding (surprise, surprise) that they have to lower their prices on eBooks because too many people are borrowing from the library instead of buying eBooks. We still have agency pricing and we still
don't have the sales we used to have on major new releases, but at least some of the publishers are finally "getting it." We'll see how it plays out.