Brussels officials have reportedly indicated that a settlement deal proposed by Apple and four of the publishers in Europe's competition probe into ebooks price-fixing with be accepted by the Commission. According to Reuters, which cites two unnamed sources, an offer from Macmillan, Simon & Schuster, HarperCollins, the Hachette …
I guess the comission figured out that much of Europe still operates their book market under Lang Law and similar fixed price books systems.
How could they go against the same thing?
And in the background, amazon laughs.....
And prepares the vaseline to screw the publishers even more... when you end up with only 50 shades of grey and teen romance books being offered in those few remaining books shops standing. and anything not mainstream not found even on the net , becuase the authors can't make any moneybecuase of amazons daily discount , you will know why.
In this case cartels was working for our benefit not against!
I prefer the agency model too
In the Internet economy, authors can sell direct to readers, setting their own price. It's the author/publisher buying marketing and fulfillment service from Apple or Amazon, not Apple or Amazon buying and reselling physical goods.
Re: I prefer the agency model too
There is nothing wrong with agency model as long as publisher is not enforcing minimum price for everyone, thus preventing competition on price. But that is exactly what publishers did, in preferred nation clause with Apple.
- NASA boffin: RIDDLE of odd BULGE FOUND on MOON is SOLVED
- SOULLESS machine-intelligence ROBOT cars to hit Blighty in 2015
- BuzzGasm! Thirteen Astonishing True Facts You Never Knew About SCREWS
- Worstall on Wednesday YES, iPhones ARE getting slower with each new release of iOS
- Tor attack nodes RIPPED MASKS off users for 6 MONTHS