Agency pricing war of words heats up
A recent news article by paidContent.org reporting on the ongoing Attorney General investigation into Apple and the Big Five publishers’ conspiracy to fix the price of ebooks, as well as an ongoing civil class action suit, suggests a war of leaked words is the latest strategy to force a settlement. However, what is missing from these articles is that the act that triggered agency pricing — the decision by Amazon to sell ebooks at a loss — is also illegal. Called predatory pricing, it is illegal for a retailer to Read More …