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Comment: Re:Laissie Faire?? (Score 0) 190

The DoJ's case alleges that the agency pricing model had a clause where the publisher wouldn't sell their books in other stores for less than they were charging in the iBookstore. If true, this is Collusion, and falls under anti-trust laws. http://definitions.uslegal.com/c/collusion/

No it's not. Almost every major retailer insists on the lowest price. Walmart does, Amazon does.

Comment: Re:Interesting (Score 1) 190

Such activities involve a pretty large number of people. It's interesting how they collectively can keep it a secret for a pretty long time.

It's even amazing that the "fixed" prices are not essentially different than Amazon or Alibris or BN. Very clever price fixing indeed.

BS they weren't 'different'. They were SIGNIFICANTLY higher. At least $3 to $5 higher under the 'agency' model, which on a book that was $9.99 is a 30 to 50% price hike.

Are you some Apple fanboi or something?

Your pulling monkeys out of your butt. Here's an actual price comparison:

http://paidcontent.org/2012/09/11/apple-is-already-fighting-amazon-in-the-ebook-price-wars/

http://www.huffingtonpost.com/2012/10/17/cheapest-ebooks-amazon-ibooks-google-barnes-noble_n_1952736.html

Yes sometimes Amazon is cheaper. But mostly not. Sometimes apple is cheaper.

Comment: Re:Interesting (Score 0) 190

Amazon was operating under a normal wholesale/retail model. They bought from the publisher for some agreed-on price, and sold the books to the public for a price they set (which could be higher or lower than what they paid the publisher). Apple convinced the publishers to stop selling to Amazon and switch to an agency model. Under the agency model, the publisher set the price the public paid, and gave the retailers a cut of that. Apple also managed to write into the contracts that nobody could get less of a cut than Apple. That is price fixing.

No that is not price fixing. Walmart and Amazon and everyone else with clout signs contracts that say they must always be given the lowest price. And nearly all goods makers have contracts with sellers that fix the lowest price a good can be advertised at. (that's why you see those signs on web pages that say "add to cart to see price"-- cause they can't advertise it.

Comment: Re:Interesting (Score 0, Troll) 190

Such activities involve a pretty large number of people. It's interesting how they collectively can keep it a secret for a pretty long time.

It's even amazing that the "fixed" prices are not essentially different than Amazon or Alibris or BN. Very clever price fixing indeed.

Old timer, n.: One who remembers when charity was a virtue and not an organization.

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