Look idiot, I've been following this case far longer than you, plus I am an Economist. I know what I am talking about. The publishers were losing money overall because of the predatory pricing being done by Amazon. It was heavily impacting the hard copy books and their own ability to sell to other markets. I've read ever case file on this. The publishers are healthier today and there is more competition than there ever was before. They are all selling eBooks on the Agency model now. . . It's too bad the court system is politicized with Liberal idiots who change the laws at a whim.
The vast majority of eBooks are now selling at lower costs than ever before because of more competition. . . And that is the truth. Amazon is a bad actor in retail at all levels, undercutting prices in every market and frequently selling at a loss. No one can compete with a company that isn't interested in profits.
“plus I am an Economist. “
I once stayed at a Holiday Inn ...
“The vast majority of eBooks are now selling at lower costs than ever before because of more competition. .”
hmmm. Are you saying that is one of the positive outcomes of the anti-trust suit against Apple?
“The publishers were losing money overall because of the predatory pricing being done by Amazon.”
From my previous link:
“Amazon was so hopeful that the Publisher Defendants would relent and revert to a wholesale model once they saw how much money they were losing with the agency model that it added a “model-parity” clause in its agreements.”
Oh, you are an economist now? Just last week you were telling us all that you’re a CEO. Where’s your degree(s) from?