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The difference is that Amazon is trying to price-fix a ceiling, whereas Macmillan is trying to price-fix a floor.
by felixc 17y ago
The difference is that Amazon is trying to price-fix a ceiling, whereas Macmillan is trying to price-fix a floor.
- cgranade 17y agoThe question of which is ultimately better for the consumer is non-trivial to my mind. Not to mention that, because publishers tie author royalties to the physical cost of production, the authors stand to lose a lot in this struggle.
- Retric 17y agoHow can any price greater than 0 be the best price for a consumer.
- alex_c 17y agoIf something won't be profitable to make, it won't be made. The best price for the consumer is the lowest price at which the item desired by the consumer can still be produced.
- Retric 17y agoIf something can't be made it's price is infinity. If it's custom but possible to create it's price is high. If it's mass produced it's price drops. If it's pubic domain it's free. PS: Saying people will not make it at some price just means it's actual price is higher.