Amazon Caves on Book Pricing

AusPublishingWorker writes: With the iPad nearly here, it seems that Amazon is feeling the pressure on eBook pricing from Publishers. ITNews reports that Amazon has agreed to deals with both Harper Collins and Simon and Schuster which would allow the companies to select their own prices rather than the default US$9.99 price tag.

Given the recent deal with Macmillan, it seems likely that we'll be seeing eBook prices moving up towards $14.99 in the near future. Full story here: http://www.itnews.com.au/News/171217,amazon-caves-on-book-pricing.aspx