[Swordmaker]

Amazon allowed ebooks to sell at a market price. The book publishers wanted to sell digital for more profit than the were selling hard copies for.

NO, THEY DID NOT!

Just because Amazon is selling a product below what it costs does NOT mean it is a market price. Amazon did not allow the market to work. YOU MAKE IT CLEAR YOU DO NOT HAVE A CLUE WHAT MARKET PRICE EVEN MEANS!

We have market pricing now in eBooks. There was no market pricing when Amazon was a 90% monopolist then.

[TexasGator]

“NO, THEY DID NOT!”

er, YES they did!

They wanted to sell digital ebooks for the same price as hard copies even though the production/distribution costs were much less and wanted to keep that extra profit for themselves.

Amazon wanted them to reduce prices in line with costs AND wanted more to go to the authors.

Publishers wanted to keep insane profits while only giving the authors 10%.