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In April of 2010, 5 of the major publishers (Penguin/Putnam being one of them) instituted what is now called Agency Pricing. Can anyone explain how this isn't
by geekfactor 16y ago
In April of 2010, 5 of the major publishers (Penguin/Putnam being one of them) instituted what is now called Agency Pricing.
Can anyone explain how this isn't considered price fixing, collusion or otherwise anti-competitive?
- ashconnor 16y agoBecause the works are unique?
- wnoise 16y agoOr a violation of the First Sale Doctrine[1], for that matter. [1]: http://en.wikipedia.org/wiki/First-sale_doctrine http://en.wikipedia.org/wiki/First-sale_doctrine
- wmf 16y agoThey probably think ebooks are licensed, not sold.
- aidenn0 16y agoThis is technically a vertical move. They are offering their books to sellers through the store with amazon (et. al.) taking a chunk. So they set the price.