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by jolohaga 4698 days ago
What's wrong with publishers getting more control? Don't they pay authors? We're not talking about scientific journal publishers here. Who's forcing them to reduce their prices?
1 comments

Legally nothing. But the eBook market didn't start to take off until Amazon started to force it. We have every reason to believe that publishers will price eBooks in a way that minimizes disruption to their traditional paper business and keep profits higher than the real equilibrium.

We've seen the music industry do it (avoiding selling to keep album sales up). We've seen the game industry do it (change the same for downloads as physical copies to keep retail happy). We've seen the movie industry try to prevent disruption many times (anti-VCR, pro-Divx, anti-Netflix, etc).